Business Services Industry
TradeOMS Automates Trading out of Microsoft Excel
Business Wire, April 17, 2006
NEW YORK -- Trade Order Management Solutions, Inc., www.tradeoms.com, a provider of automated and algorithmic trading solutions, has developed a quick, simple and reliable way to do automated trading 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 code to drive hundreds of thousands of trades per day.
A TradeOMS solution is custom made for your style of business. It allows you to increase your efficiency and hit many more opportunities than if you were to switch back and forth between a trade blotter and Excel. Plus, you can make changes to your model and not need to know anything other than Excel. Once automated, you can focus on your business strategy, and less on the grunt-work of trading.
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 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, merger arbitrage, convertible arbitrage, 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.
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