TradeOMS Introduces Excel-Based Market Making Tool.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 -- Trade Order Management Solutions, Inc., www.tradeoms.com, a provider of automated and algorithmic trading Algorithmic Trading A trading system that utilizes very advanced mathematical models for making transaction decisions in the financial markets. The strict rules built into the model attempt to determine the optimal time for an order to be placed that will cause the least amount of solutions, has developed a quick, simple, and reliable way to make markets directly out of Excel. The unique solution combines the best of Excel's usability and FIX, allowing a trader's proprietary formulas, macros, and VBA (Visual Basic for Applications) A subset of Visual Basic that provides a common language for customizing Microsoft applications. VBA supports COM, which allows a VBA script to invoke internal functions within Excel, Word and other COM-based programs or to make use of code to drive hundreds of thousands of trades per day. Easing the regulatory burden of always having orders in on both sides of the market, a TradeOMS solution is custom made for your style of business. A trader can make changes to the model and not need to know anything other than Excel. Once automated, your traders can focus on your business strategy, and less on the grunt-work of trading, canceling, and replacing. Ready to be put into operation in a few days or weeks, a solution from TradeOMS does not require hiring a programmer or converting your strategies to Java or C++. It comes bundled with a trading blotter A written record of arrests and other occurrences maintained by the police. The report kept by the police when a suspect is booked, which involves the written recording of facts about the person's arrest and the charges against him or her. BLOTTER, mer. law. that can be used for single order entry, and it automatically reports the orders and executions back into Excel. Using this simple solution, we have seen our clients go from placing hundreds of orders a day and being stressed and trapped at their desks, to being free to walk away while tens of thousands of orders easily and reliably are placed and executed. About TradeOMS: 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 assist our 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. For more information on TradeOMS's products, visit our website: www.tradeoms.com or contact sales by phone at (646)383-4686 or by e-mail at sales@tradeoms.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion