Order Management System Market Prosperous Growth, Recent Trends and Demand in Upcoming Years
What Is an Order Management System (OMS)?
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."