Weeden Adopts FlexTrade's FlexOMS

"[Our] trade volume was exponentially increasing due to program and algorithmic trading. We needed a middle-office order management system (OMS) architecture that could handle trade volumes far in excess of what we have historically done without the burden of excessive hardware," says Amit Chatterjee, managing director and CIO of Weeden & Co.

The brokerage spent six months exploring possible alternative platforms for its legacy SunGard Brass platform and performing a gap analysis, according to

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