Omgeo launches updated Oasys
NEW YORK – Omgeo has unveiled a new version of its trade allocation and acceptance service, Oasys 5.0, with improved fixed-income processing and expanded instrument coverage. The system now supports to-be-announced (TBA) mortgage-backed security contracts, as well as commercial paper and other money market securities, via a new customised CUSIP submission feature, providing a greater degree of standardisation and automation in the post-trade processing of these instruments.
The service also
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