Budget cuts that shrink trading desks often result in traders moving from single-asset to multi-asset trading. At the TradeTech conference in New York, one panel discussed how order management systems (OMSs) and execution management systems (EMSs) can help ease the transition into electronic trading of unfamiliar asset classes.
The first step is to make those tools capable of handling any asset class that the market might produce. That is not a given. Instinet's EMS offering does not handle fixe
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