TeleTrading is a flexible, scalable platform that centrally controls the flow of trading orders and executions for any traded asset. An order management system OMS is an electronic system developed to execute securities orders in an efficient and cost-effective manner.
To execute a buy or sell order for a security, an order has to be placed in a trading system. However, communicating transactions can also be done through the use of a custom application programming interface API. When an order is executed on the sell-side, the sell-side OMS must then update its state and send an execution report to the order's originating firm.
The order management system supports portfolio management by translating intended asset allocation actions into marketable orders for the buy-side. Some order management systems offer real-time trading solutions, which allows the user to watch market prices and execute orders in multiple exchanges and markets instantaneously by real-time price streaming.
Order management systems are an important development in the securities industry because of the significant cost savings they provide to investment firms. An OMS is also referred to as a "trade order management system. A limit order book is a record of unexecuted limit orders maintained Learn the difference between a market order and a limit order, and why a trader placing a limit order sometimes pays higher fees than a trader placing a market order.
An in depth look at how high-frequency trading works and who the players are. Learn about the key differences between the jobs of buy—side analysts and sell-side analysts. It tracks performance against various benchmarks and keeps both trader and client abreast of execution progress and results.
Traders can turn over even thousand-name baskets in seconds. Built-in algorithms , integration with hundreds of third-party algorithms , connectivity to a wide array of global markets and the ability to customize execution and routing logic provide sell-side traders with superior set of tools to improve execution performance. In addition, InfoReach trade management software can be integrated with our HiFREQ algorithmic engine to facilitate throughput of tens of thousands of orders per second at sub-millisecond latency.
HiFREQ provides all the essential components for the creation, testing and deployment of high-frequency strategies. To learn more, visit High-frequency algorithmic engine. With your choice of on-site installation or hosting at any of our global data centers, InfoReach averages an industry-leading deployment time of just 3 weeks.