Thank you, David, I think you are right. Do you know any books
(articles ) on this topic that I can use for further study?

On Wed, Oct 7, 2009 at 9:18 PM, David Rosenstrauch <dar...@darose.net> wrote:
> On 10/07/2009 08:11 PM, Hai Yi wrote:
>> anyone ever worked on OMS (Order Management System)? I was asked
>> what's most important component (idea of design? ) in an OMS system. I
>> thought it's a state machine conducting the negotiations.
>>
>> Comments are welcomed!
>>
>> Hai
>
> I'd figure the most important component is a matching engine - i.e.,
> matching buy and sell orders.
>
> HTH,
>
> DR
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