Top Prop Trading Firm Migrates to OMEX All-in-One Platform

Quant-Centric HAP Capital Streamlines Firm's Approach to Trading Systems Technology


NEW YORK, Sept. 19, 2013 (GLOBE NEWSWIRE) -- OMEX Systems LLC ("OMEX"), the provider of broker-neutral DMA, OEMS and back-office technology for sell-side and buy-side trading enterprises active in exchange traded equities, options and futures, announced today that HAP Capital LLC, the New York-based trading firm known for its quantitative strategies, has replaced several existing EMS/DMA systems in favor of a single, all-purpose solution provided by OMEX Systems.

According to Michael Joseph, HAP Capital's Chief Operating and Compliance Officer, "Prior to OMEX, our firm's trading systems overhead and internal operations staff were dependent on several EMS and DMA systems used by our trading desk team. Once introduced to OMEX, and after analyzing the efficiencies and cost savings that could be achieved by embracing a single, fully-comprehensive platform, the decision to migrate to OMEX was unanimous."

About HAP Capital LLC

Established in 2009, HAP Capital's value proposition is derived from its quantitative approach to providing deep liquidity to trading market participants and managing risk across multiple product areas and asset classes. The firm's website is located at http://www.hap-capital.com

About OMEX Systems, LLC

Established in 2008 and based in the heart of Wall Street, OMEX Systems LLC provides broker-neutral and fault-tolerant OEMS and DMA smart order routing and management, back-office administration, portfolio analytics and execution analysis for stocks, options and futures. OMEX supports a full menu of algorithms and connects to global electronic marketplaces, major custodians and leading trade clearing firms. OMEX delivers cost-effective, all-in-one solutions that mitigate the need to maintain and administer an assortment of 3rd party technology applications for those operating securities trading-related enterprises. More about OMEX Systems is at http://www.omexsystems.com.



            

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