New York, NY, July 10–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. Continue reading