FlexOMS is our customizable end-to-end order management solution for sellside institutions.
Designed as a global, multi-currency and multi-asset platform, FlexOMS provides a complete end-to-end solution across multiple desks, trading styles and regions, and streamlines the trading process from receipt of client orders to the post-trade analytics of execution. In addition to standard OMS functionality, such as facilitation, agency and principal trading, position keeping, market making and compliance reporting, FlexOMS supplies cutting-edge tools for program trading, DMA access, algorithmic trading and customizable strategies.
Configured to operate either as a fully hosted, stand alone system, or as an integrated front-to-back enterprise solution with any in-house EMS platforms, FlexOMS allows users to take full advantage of market conditions while maximizing their trading capabilities with significant performance and cost improvement.
Features / Benefits
Order Management- Comprehensive management of all types of customer orders over their entire life-cycle.
- Configurable allocation module that supports automatic as well as manual matching.
- All-inclusive risk and position monitoring.
- Real-time reporting to FINRA/NASDAQ Trade Reporting Facility (ACT).
- A full suite of trading ledger and compliance reports.
- A fully redundant solution for business continuity.
- Seamless integration with the FlexTRADER EMS.
- Flexible interface to integrate with any in-house EMS.
- Can be hosted or installed locally.
- Corporate action processing.
- MTD and YTD position and P&L maintenance, interface to multiple clearing systems, historical data manager.
| Market Making - Two-sided quoting with the national market system (NMS).
- Enforcement of Limit Order Display and Limit Order Protection rules when handling retail orders.
- Enforcement of Short Sale rules and Affirmative Determination Rule.
- Implementation of execution rules when handling retail orders, such as Limit Order Display and Short Sells.
- Compliance and Manning rules as specified by the NMS.
- Integrated rules and algorithmic engine for better control over trading process and risk.
Streamlined Reporting - Persistence in FlexOMS database for custom reports and archiving.
- Integration with customers’ in-house data warehouse.
FIX Connectivity - Extensive FIX connectivity covering all major buyside firms, sellside firms, service bureaus and OMSs.
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