Broker-Neutral Vendor Responds to Surge in Demand for All-In-One Solutions
Former Mixit Co-Founder Appointed to Oversee Platform Sales
NEW YORK, July 10, 2013 (GLOBE NEWSWIRE) -- OMEX Systems, LLC ("OMEX"), the provider of broker-neutral DMA and OEMS trading systems for broker-dealers and buy-side investment firms active in stocks, options and futures, announced the addition of 2 more trading technology veterans to the firm's New York office, bringing the 5-year old company's total staff of sales, client support and software programming to 22 professionals.
Joining the firm as Head of Sales is Antonio Panos, the former co-founder and sales director for Mixit Systems, Inc., the sell-side equities trading system vendor which first came to market in 2002 and was acquired in 2011 for $20 million by UK-based futures market vendor Patsystems Plc. In addition to Mr. Panos, Matthew Weiss, a 15-year trading technology veteran, has been appointed Head of Client Support for OMEX. Mr. Weiss was most recently VP of Buyside Sales for Blockcross ATS; he previously held senior sales management roles for industry icons Lava Trading (a Citigroup subsidiary), NYSE Group's Archipelago Holdings and MB Trading.
Given the scarcity of truly comprehensive and cost-efficient broker-neutral DMA/OEMS platforms, during the past 4 years New York-based OMEX has morphed from an "under-the-radar technology boutique" to a sought-after solutions provider for both sell-side and buyside firms. The multi-asset OMEX platform is designed for firms that require a full suite of order execution management, risk controls, commission management features, multi-custodian trade allocation and straight-thru processing in one, easily-customized platform; features that are typically only attainable by mashing up disparate software products from multiple, premium-priced vendors.
According to OMEX spokesman and Chief Operating Officer John Houlahan, a 23-year industry veteran who previously led technology initiatives for HSBC, Capgemini, the global IT consultant, and SIAC, "When considering the ultimate value-add of any aspiring technology firm's human talent, the addition of industry high-profilers Tony Panos and Matt Weiss further enhances our platform's credibility with those who would ordinarily defer to the most recognized brands in the space." Added Houlahan, "More important, their joining us further ensures that every interaction we have is conducted with the highest degree of knowledge, skill and professionalism."
About OMEX Systems, LLC
OMEX Systems LLC is a broker-neutral OEMS platform that provides direct market access, risk management, back-office administration, portfolio analytics and execution analysis for stocks, options and futures. FIX-compliant, OMEX supports a full menu of algorithms and connects to global electronic exchanges, ECN's, major custodians and leading trade clearing and processing firms. OMEX is designed to deliver a cost-effective, all-in-one solution that mitigates the need for firms to manage and maintain an assortment of independent technology applications that are integral to those operating securities trading-related enterprises. Additional information about OMEX Systems is available at http://www.omexsystems.com.