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Excel-Based TradeOMS, Software for Institutional Traders, Announces Partnership with FIX Vendor EZX, Inc.


NEW YORK -- TradeOMS (www.tradeoms.com) today announced a partnership with EZX, Inc (www.ezxinc.com). E[acute accent]TradeOMS's Excel-based automated trading system 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 of TradeOMS, notes, "I have worked with EZX for years while running IT for a hedge fund, 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 discrepancies while limiting interest rate risk.
, merger arbitrage, 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:
This strategy attempts to exploit profits when there is a pricing error made in the conversion factor of the convertible security.
See also: Arbitrage, Common Stock, Conversion Price, Convertible, Short
, 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.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 16, 2006
Words:403
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