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Open-Source OMS Adds Real-Time Capabilities

The platform's desktop application, dubbed Strategy Studio, now supports real-time intraday position and profit-and-loss (P&L) tracking and management on all trades around the clock, according to Graham Miller, CEO of Marketcetera. Calculating real-time P&L can be challenging for some trading organizations dealing with different executing brokers and data feeds, he explains. "So we built that functionality in our front end … to allow users to keep track of the real-time P&L data of the trades

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Navigating the MarketAxess ICE storm

The Waters Wrap: Most of the discussion surrounding ICE’s MarketAxess buy has focused more on benefits for the front office than the data possibilities.

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