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What is an open trade system?

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Anonymous

∙ 17y ago
Updated: 9/17/2019

In online trading software an open trading system (OTS) provides a Java-based infrastructure for automated trading. OTS is composed of three high-level components providing order management, market data handling, and management of algorithmic trading strategies. OTS provides a reusable, extensible framework for creating specialized trading systems.

OTS is composed of three primary components.

  1. Order Management System (OMS) component
  2. Market Data component
  3. Trading Strategy Container
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Wiki User

∙ 15y ago

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