Money Machines

TRADE ORDER MANAGEMENT SYSTEMS SPECIAL REPORT

by Daniel Safarik

The Next Wave

Managing fixed-income trading systematically.

Fixed-income trade order management systems. Don’t have one? You soon will. "The fixed-income [market for order management systems] has been slower to develop than equities, but there is a lot of pressure on [firms] from the settlement angle," says TowerGroup analyst Dushyant Shahrawat.

"Bond trading is a perfect vertical market ... it’s amazing something hasn’t happened sooner," says John Locksley, executive vice

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