smartTrade Adds New OMS Functionality
smartTrade Technologies has added new functionality to its Order Management System (OMS) to support both e-orders and manual trading books and optimize clients' trading flow across multiple desks on a global scale.
The OMS will now include the externalization of orders for management by algorithms and support for custom order types. Aix-en-Provence, France-based smartTrade has also added a set of rules for order routing to traders at manual desks and algos to ensure that all desks involved in the trading chain can access the tool.
"We work closely with our clients to continuously improve our solution," says David Vincent, CEO of smartTrade Technologies. "The latest version of smartTrade OMS brings best-in-class functionality, while ensuring that it continues to integrate well with other smartTrade and client trading components. The solution is designed for both global institutions and regional players."
smartTrade also announced new adoption by clients in Europe, the Americas and Asia Pacific regions.
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