Editor’s Letter: Not Your Father’s OMS


Considering the tough times on Wall Street and the scores of workers who are required to take on additional responsibilities, it’s no surprise that order management systems (OMSes) have been drafted to do more than simply process trades. Now, financial firms are looking for OMSes that keep trades pure and clean and prevent New York Attorney General Eliot Spitzer’s foot soldiers from appearing at the front door with a search warrant. Headlines decrying improper trades, especially the recent

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