Execution
Order Management Systems
Electronic System developed to execute securities orders in an efficient and cost - effective manner.
Broker / Dealers use OMS's when filling orders for various types of securities.
OMS's enable users to track the progress of each order throughout the system.
Execution Management Systems
Electronic System utilized by Institutional trades designed to display global / local market data.
Provide seamless and fast access to trading destinations for the purpose of transacting orders.
System can manage order across multiple trading destinations such as stock exchanges, crossing networks & electronic communication networks.
FIX (Financial Information Exchange Protocol) Gateway / Engines
FIX is the de facto connectivity standard for the financial industry.
It serves all levels
- Front office trading applications
- Middle/Back Office Systems
Safe and reliable operations, High availability, and Client & Exchange Connectivity.
Quick enquiry form
Compliance Reporting
OATS
- Order Audit Trail Systems standard established by FINRA.
- Member Firms are required to develop a means for electronically capture and report to OATS specific data elements related to handling or executions of the orders, including recording all times of these events in hours, minutes, seconds.
TAPE/ACT
- Automated Confirmation of Transactions is a system for reporting and clearing trades in the Over-The-Counter (OTC) and NASDAQ securities markets.
- Member firms are required to report transactions within 10 seconds of executing trade for all U.S. Equities.
OTHER
- Pre trade report for cost analysis.
- Post trade report for performance evaluation against benchmarks.
