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OMS Race Heats Up For Sell Side

SPECIAL REPORT

NEW YORK--Trading systems application vendors, seeking to broaden their offerings, are marketing the next wave of order management systems (OMSs), as the rise of sector and program trading, combined with a need for trading-cost analysis, heat up demand.

A sign of the times: Lava Trading plans to enter the OMS market by the end of the year, as a response to demand for sector trading, officials say. SolutionForge recently revealed that it would extend its FIX engine offerings into an OMS aimed at

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