[vox-tech] OMS

[David Rosenstrauch]

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 <darose at 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