[vox-tech] OMS

[Hai Yi]

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 <darose at darose.net> 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 <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
>
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