BTW, just a heads up that I'm assuming you meant the finance-oriented definition of OMS. Apparently OMS can mean something else though when you're referring to a different industry, like e-commerce - in which case an "order" means someone ordering products online. (See http://en.wikipedia.org/wiki/Order_management_system for more details.) An e-commerce OMS would not need to match buy and sell orders, obviously, and so it's most important component would be very different.
If you are referring to the finance-oriented definition of OMS, though, you can read here for more info: http://www.investopedia.com/terms/o/oms.asp HTH, DR On 10/08/2009 07:48 AM, Hai Yi wrote: > 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 <[email protected]> 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 _______________________________________________ vox-tech mailing list [email protected] http://lists.lugod.org/mailman/listinfo/vox-tech
