Order Management Systems Clamp Down

When a trader at Merrill Lynch launches a trade in her order management system (OMS), she’s not just placing a trade that her portfolio manager has ordered. She’s helping to achieve STP, accessing one of the multiple and newly emerging pools of liquidity, and keeping New York State Attorney General Elliot Spitzer from appearing in Merrill’s lobby with a subpoena.

Welcome to the new multi-function OMS. In the mid-1990s, the definition of an OMS was more traditional. "A traditional OMS from six

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Next-generation technologies and the future of trading

At a Risk.net webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

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