I'm a little familiar with OMS's, having worked for Wall St. companies for a number of years. But I've never worked on one directly, or studied them extensively, so I couldn't recommend much. Best I could offer would be some search terms to use at Google or Amazon: OMS, "order matching system", "trade blotter"/"trading blotter", "matching engine", ECN (http://www.investopedia.com/terms/e/ecn.asp), etc.
HTH, DR On 10/08/2009 09:14 PM, Hai Yi wrote: > David, your assumption is correct, I was referring to the OMS module > in a trading platform, in which buy/sell negotiations is carried out > in a frequent fashion. Thanks for the link, just curious if we can > have more reading materials on this subject, either online or from > Amazon, :-) > > Hai > > > On Thu, Oct 8, 2009 at 10:22 AM, David Rosenstrauch <[email protected]> wrote: >> 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
