@article {Hayes87, author = {Michael Hayes}, title = {OMSs Get Up to Algorithmic Speed}, volume = {2005}, number = {1}, pages = {87--88}, year = {2005}, publisher = {Institutional Investor Journals Umbrella}, abstract = {In an effort to reduce spreads, reduce execution costs, and increase fair competition, regulatory bodies have introduced market structure changes. Asset managers have determined the need for their traders to help increase overall fund performance through better executions. Order management systems (OMS) have emerged as logical, front-end means for providing traders with access centralized order management, pre-trade compliance, and a seamless trading workflow. This commentary discusses the need for brokers and OMS vendors to work together on the development of these systems and the benefits that they will produce.}, URL = {https://guides.pm-research.com/content/2005/1/87}, eprint = {https://guides.pm-research.com/content/2005/1/87.full.pdf}, journal = {Trading} }