The OMS as an Algorithmic Trading Platform: Five Critical Business and Technical Considerations

Abstract

Execution management systems (EMS) certainly have a place in today’s richly varied investment landscape. Today’s leading order management system (OMS) providers, however, can deliver a fully integrated, onsite, broker-neutral trading platform, with built-in algorithms, portfolio modeling capabilities, a flexible and scalable architecture, and FIX-based connectivity to critical liquidity sources, from sell-side desks to dark pools. For many firms seeking to reduce the tools on their desks without compromising their trading capability, that may be just the algorithmic ticket.

TOPICS: Portfolio construction, statistical methods, derivatives