Execution management system

Brokerage Anatomy™

FIA/ISDA documentation \| Trading capacities: Principal \| Undisclosed principal Riskless principal \| Agent \| Undisclosed agent Broker types: Broker \| Dealer \| Broker/dealer \| Executing broker \| Clearing broker \| Prime broker \| FCM \| CCP Clearing: Clearing overview \| How clearing works \| What gets cleared? \| Who clears? \| Clearing documentation

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The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™

Index — Click the ᐅ to expand: Glossary

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Cash equities chat. An execution management system, or EMS, is focused on real-time trading, market data, and analytics. It allows a broker to manage orders across multiple trading venues, including exchanges, brokers age alternative trading systems, sometimes with algorithmic support. While an OMS can operate independently of an EMS (or without one), as the market has developed the functions have tended to BE integrated.

See also