Excel-Based TradeOMS, Software for Institutional Traders, Announces Partnership with FIX Vendor EZX, Inc.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- TradeOMS (www.tradeoms.com) today announced a partnership with EZX EZX Easy Forms , Inc (www.ezxinc.com). E[acute accent]TradeOMS's Excel-based automated trading system An automated trading system (ATS) is a computer trading program that automatically submits trades to an exchange. An example of an early ATS is Instinet. This allows traders to input trades invisibly to the market, with a crossing price determined by a VWAP measure. gains FIX connectivity and support through EZX's simple-yet-powerful Integration Server technology. As EZX's is currently pre-certified to over 50 destinations, new institutional clients can start trading with their counterparties as soon as the account is set up. In addition, TradeOMS customers can now enjoy the reliability, real-time monitoring, support, and integration to major ATS's that are built into EZX's system. E[acute accent]TradeOMS sells trade automation technology at low cost, with low-latency and high-uptime. For a company with a model already in Excel, there is no faster or easier way to automate. TradeOMS also works with clients who have black-box models and want assistance integrating them to their brokers. Ben Lipson, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. of TradeOMS, notes, "I have worked with EZX for years while running IT for a hedge fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" , and I'm now very happy to continue that relationship with TradeOMS. EZX's engineers constantly monitor the connections, and often know of problems before the traders do." E[acute accent]About TradeOMS: E[acute accent]The TradeOMS team started developing software for Wall Street in the 1960's, and has been universally acclaimed for developing a number of advanced productivity tools at Goldman Sachs and Lehman Brothers in such diverse areas as fixed-income arbitrage Fixed-Income Arbitrage An investment strategy that attempts to profit from arbitrage opportunities in interest rate securities. Notes: When using a fixed-income arbitrage strategy, the investor assumes opposing positions in the market to take advantage of small price , merger arbitrage Merger Arbitrage A hedge fund strategy with which the stocks of two merging companies are simultaneously bought and sold to create a riskless profit. Notes: A merger arbitrageur looks at the risk of the merger deal not closing on time or at all. , convertible arbitrage Convertible Arbitrage An investing strategy that involves the long position on a convertible security and a short position in its converting common stock. Notes: , mortgage prepayment analysis, and portfolio analysis. Members of the management team have then gone on to develop one of the world's most successful hedge funds, and developed this tool to their traders. As we believe that a trader's strength is his ability to develop a sophisticated and flexible model, not his ability to write code, we are offering this same software to you. As this is a trading tool, not an algorithm or strategy, you make all the trading decisions, and they remain proprietary to you. E[acute accent]About EZX: E[acute accent]EZX is a provider of trading infrastructure which focuses on time to market and cost effectiveness. They are dedicated to supplying quality products and services along with a commitment of teamwork to our customers. Their iServer product is a fast and simple way to integrate FIX connectivity into current trading systems while reducing the impact of each FIX connection. E[acute accent]For more information contact sales by phone at (646)383-4686 or by e-mail at sales@tradeoms.com. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion