order management system (1)

1
Order Management System
2
INTRODUCTION
What is an order management system ?
Understanding an Order Management System (OMS)
A Trading Order Contain
Key features of OMS
About Brilliant Order Management Systems
3
What is an order management system ?

• An order management system (OMS) is an electronic
  system developed to execute securities orders in
  an efficient and cost-effective manner. 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. An OMS is also referred to
  as a "trade order management system."

4
Understanding an Order Management System (OMS)

• An order management system is 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.

5
A trading order typically contains the following
information

• Security identifier
• Order type (buy, sell, or short)
• Order size
• Order type (e.g., market, limit, stop, etc.)
• Order instructions (e.g., day order, fill or
  kill, good-till-cancelled, etc.)
• Order transmission (broker, ECN, ATC, etc.)

6
Key features of order management system
7
About Brilliant Order Management Systems
Brilliant WMS offers a  cloud based order management  system  (OMS) to ease order/request via multiple platforms like e-commerce, mobile apps,  order management portal and direct orders. The order management system is designed in order to provide easy integration with your existing warehouse management systems. Once the order is processed via Brilliants WMS or your existing WMS, an order confirmation is returned back to Order Management System (OMS).
8
(No Transcript)
9
(No Transcript)