EMS and OMS: Integration on the Horizon

EMS and OMS: Integration on the Horizon? by Advanced Trading
The use of trading technology reaches back to the early 1990s to the introduction of the order management system (OMS). The OMS substantially consolidated error-prone, paper-intensive trading processes prevalent at many firms into easily manageable electronic trading blotters. The benefits realized, the OMS evolved into the [...]

Top Brokerages Bet On Complex Options Algos

Wall Street Letter
A recent study by TABB Group found that buyside traders expect to send nearly 35% of their options order flow through algorithms by 2010, up from only a fraction sent that way now. The firms are trying to cash in on the interest, but executives say it won’t be easy money, as most [...]

All These Exchanges Have To Merge Someday

Deal Journal – WSJ.com : All These Exchanges Have To Merge Someday
consolidation probably won’t come, for a long time, and to know why you can look to the big investment banks. They are the most powerful players in trading. All orders have to through a broker to get to an exchange, and the big banks [...]

New Latency Measurement Tools From Reuters, TS-Associates

New Latency Measurement Tools From Reuters, TS-Associates
A pair of products designed to measure and monitor latency–a growing area of technology development amid ever-growing market data volumes–made their debut this week.
Reuters, in conjunction with vendor partners Endace and Trading Metrics, on Monday introduced a system that measures the network delay between the source of market data [...]

Europe’s Post-Trade Battle: Efforts gear up to ease cross-border trading :: Nina Mehta

Traders Online: The stock dealers and institutional traders complete interactive news and information service of Traders Magazine
Currently, every European country has a central securities depository (CSD) for settling trades. And most have their own central counterparty (CCP) or clearinghouse to clear domestic trades. Within a country, these organizations are often tied-by rules, regulatory fiat or [...]