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Order management system Meaning

A software system that facilitates and manages the execution of trade orders. It is the cockpit for professional traders, aggregating access to multiple liquidity venues.

An OMS allows a fund manager to rebalance a portfolio across 10 different assets with a single click. It handles the compliance checks, ensures the trade doesn't violate risk limits, and routes the orders to the best exchanges.

Without an OMS, institutional trading is impossible.

Manual entry is too slow and error-prone for managing hundreds of millions of dollars in crypto assets.

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