TD Securities has purchased Botta Plus from Botta Capital Management. Botta Plus provides risk management, consulting, and facilities management services of options exchange floor operations to electronic broker-dealers, banks and other financial institutions.

“Botta Plus’s in-depth industry knowledge and its commitment to client service are an excellent strategic fit with TD Securities’ equity options market-making capabilities and our leading edge technology,” said Jason Marks, president of the Equity Options Group of TD Securities. “The acquisition of Botta Plus will enable TD Securities to provide even higher standards of service to our customers.”

“Botta has consistently maintained an excellent reputation in the industry for providing quality services while advocating the clients’ best interests,” said industry veteran Bill McGowan who together with his colleague, Greg Novak, will join TD Securities from Botta Plus.

Botta Plus products include facilitating the management of options exchange floor operations, helping clients maximize payment potential for their order flow, consulting on global trading issues, such as addressing regulations, order routing to all five options exchanges and developing programs to help firms internalize their order flow.