OMS

Question 1

OMS

Answer 1

Order Management System:

• a software system that facilitates and manages the execution of trade orders
• In the financial markets, an order must be placed in a trading system to execute a buy or sell order for a security.

Question 2

Who uses OMS?

Answer 2

Brokers and dealers use order management systems when filling orders for various types of securities and can track the progress of each order throughout the system.

Question 3

An effective OMS helps firms with…

Answer 3

• real-time monitoring of positions

- ability to prevent regulatory violations

Question 4

Who is buy-side for OMS?

Answer 4

a segment of Wall Street/the City made up of investing institutions such as
- mutual funds
- pension funds
- insurance firms
that tend to buy large portions of securities for money-management purposes

Question 5

Some of the financial instruments traded using an OMS include:

Answer 5

Equities
Fixed income products such as bonds
Currencies
Commodities such as crude oil or copper
Loans
Cash
Derivatives, which might consist of options on interest rates and currencies

Question 6

Order management systems are an important development in the financial services industry because of…

Answer 6

• real-time monitoring of positions
• ability to prevent regulatory violations
• speed and accuracy of trade execution
• significant cost savings that result

Question 7

Bloomberg’s OMS solutions are…

Answer 7

AIM: buy-side equity and fixed-income
TOMS: sell-side fixed income

Question 8

AIM stands for…

Answer 8

Asset and Investment Manager

Question 9

TOMS stands for…

Answer 9

Trade Order Management Solutions

Question 10

Compliance issues examples

Answer 10

• overselling in a particular area

- restricted securities

Question 11

OMS competitors

Answer 11

Charles River: offers OMS solutions that partner with Thomson Reuters for data
Eze Software: OMS as part of an Investment Suite
Virtu Financial