Pushing Home the E-Trading Advantage
The functionality embedded in the FIX messaging protocol is still considerably ahead of its adoption and usage across the buy side and sell side, but most firms' needs are still being met by the current crop of trading platforms on the market, according to Scott Bradley, head of sales for EMEA at JPMorgan in London.
"The different stages along the order management system (OMS), execution management system (EMS) and distributed execution and risk management system (DERS) journey mean different
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