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ordermanager

Order management

Limina's OMS makes it easy to trade and manage the full order lifecycle from idea to post-trade allocation.

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Smooth order workflows, from start to finish

Efficient order raising

Regardless of your investment strategy, Limina IMS makes it easy to create orders:

  • Quick order-entry
  • Sophisticated rebalance capabilities (vs model, leader/follower, ad-hoc, duration impact and more)
  • Order import

Automatic pre-trade compliance

Limina's powerful compliance framework is seamlessly embedded into the order workflows:

  • Automatic pre-trade compliance checks on new and changed orders
  • Ability to simulate compliance before save ("what if" checks)

Route directly to brokers or execution platforms

  • Direct to brokers (including algos)
  • Via EMS systems (Bloomberg EMSX/TSOX/FXGO, Virtu, 360T, FXAll and more)
  • Electronic fund trading for fund-of-funds
  • Offline workflows for OTC scenarios

 

View & manage live orders

Full control of your working orders:

  • Change working orders as needed - edit, withdraw, DFD and more (full FIX protocol support)
  • Track order programs
  • View estimated drift vs original target exposure % - especially useful for multi-day orders

Automated allocation process

Smooth post-trade processes:

  • Automated Done for Day (DFD) processes
  • Automated allocation handling - also for multi-portfolio scenarios (pro-rate with minimum allocation size and starvation logic)
  • Charges (commissions, platform fees etc.) & SSIs auto-populated via rules

 

Integrated trade matching & TCA

Limina IMS includes out-of-the-box connectivity to the most popular post-trade solutions:

  • Trade matching solutions (CTM & NYFIX Matching)
  • Transaction Cost Analysis (TCA) platforms (ISS Liquidmetrix, Bloomberg TCA)
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Institutional asset managers rely on Limina's OMS

 

$200bn+ Gross order value traded through Limina IMS
15,000 Average # orders per year / client
500+ # Brokers available
10+ EMS platforms connected
Multi-asset

One OMS for all your assets

Trade equities, ETFs, funds, fixed income, FX, swaps and more from a unified trade blotter & entry screen in Limina IMS.

With our multi-asset platform, you can streamline your order management processes and replace manual routines with modern electronic trading workflows for all your asset classes.

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Efficient multi-portfolio workflows

Trading for a large number of portfolios (e.g. separately managed accounts) is just as easy as for single portfolios, with Limina's model portfolio rebalancing capabilities and leader/follower style block orders.

Order allocations

Broker algos & complex order types supported

Trade the way you want with Limina's feature-rich OMS:
  • Broker algos & handling instructions
  • Block orders (multiple portfolios)
  • Order programs (multiple securities)
  • Multi-day trading (GTC orders), with daily allocations for the executed part of orders
  • Primary market workflows
  • Cash vs quantity-based orders (e.g. for fund-of-fund trading)
  • Derivative strategy orders
OMS Broker algos

Connected out of the box

Limina's OMS offers plug & play connectivity to your brokers and the most popular EMS platforms and outsourced trading desks, all in real-time via FIX.  Standard trading integrations include: 

  • Direct to 500+ brokers
  • Bloomberg EMSX, TSOX & FXGO
  • Virtu Triton
  • 360T
  • FXAll
  • Fund trading platforms (SEB, Danske Bank etc.)
  • and more...
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CURIOUS TO LEARN MORE?

Don't hesitate to get in touch - we're happy to advise on any questions you may have about the product and how it can fit into your landscape and support your target operating model.

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FURTHER READING

Limina IMS - Functional coverage