TradeOMS provides hedge funds and institutions with a way to automate their trading models directly out of Excel, eliminating inefficiency without the need for black boxes or specialized development.

With low latency, TradeOMS captures trading information out of Excel, enters orders, and replaces them as prices move or orders are filled. Thus, the firm says, with no programming background, traders can use their Excel knowledge to enter thousands of orders per day efficiently and safely, rather than scrolling through spreadsheets.

The firms say that this technology matches Lime Brokerage’s low-latency, high capacity infrastructure. Lime, which specializes in electronic trading of equities securities, has fully automated execution capabilities for handling millions of orders in a straight-through process environment.