Otas launches real-time TCA and trading performance analysis tech

Source: Otas Technologies

Otas Technologies, the preferred decision support partner to the world's largest global institutions, announces the introduction of Otas InTrade, the first ever real time transaction cost and trading performance analysis system that enables trades to be executed more efficiently while minimizing costs.

OTAS InTrade, provides global market traders with real time analytics to changing market conditions allowing them to react to a variety of trading benchmarks and quickly identify which orders need to be addressed. OTAS InTrade provides a live market microstructure that gives traders a competitive advantage over their peers. The unique platform also includes a new flexible modular design that allows every trader to customize their workflow.

"For years, trader performance has been measured at the end of the month by transaction cost analysis benchmarks like arrival price, VWAP and PWP. Now in an environment of increased regulatory scrutiny, more competition and relatively low returns on equities, real time TCA is becoming fundamental at buy-side firms to analyse the efficiency of their entire investment process says Tom Doris, CEO of OTAS Technologies."

OTAS InTrade is more dynamic than TCA and intraday TCA and for the first time, traders can see these measures as they are trading, allowing them to focus their attention on the trades that aren't performing well and take immediate action. This is an exciting new development from OTAS and with our team of experts we will continue to innovate our offering to the market to ensure we are providing the best tools to the traders, allowing them to make better informed trading decisions.

The OTAS platform separates signal from noise, providing traders and portfolio managers with the information they need to make better investment decisions on more than 8,000 stocks worldwide. The recently updated version of OTAS also features a new navigation tool and additional functionality for the OTAS platform and add-on TradeShaper module - a live microstructure analysis and trade management system that seeks to minimise a trader's total trading costs with zero leakage into the market. 

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