ITG Targets Emerging Hedge Funds with New OMS, EMS
Yesterday, ITG announced the launch of a new order management system (OMS) and execution management system (EMS) that are purpose built for emerging hedge funds with assets over $100 million.
The OMS, dubbed ITG Position Manager, is a multi-asset, multi-prime, broker-neutral application. Geyer tells Buy-Side Technology that over 500 brokers are on the system and it offers full algorithmic execution capabilities for options, futures and equities.
Geyer says that the tagging functionality of the
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