ETNA OMS

This is an Order and Execution Management System API that reduces the complexity associated with online stock trading for robo-advisors and FinTech startups.<br /><br /> ETNA API simplifies trade management for portfolio managers, robo-advisors and other FinTech firms. Configurable OMS API automates trade submissions, reporting, trade allocations and track order status, positions, and account balances. ETNA's OEMS API offers multi-asset trading functionality, including fractional shares trading and is seamlessly integrated. <br /><br /> Some of the functions are:<br /><ul><li>Automate Trading Operations</li><li>Monitors and manages trading activity in real time</li><li>Maintains positions</li><li>Downloads SOD (start-of-day) files from the clearing firm</li><li>Receives orders and routes them to the appropriate execution venue</li><li>Tracks the progress of each order through its lifecycle</li><li>Calculates buying power, margin requirements and account balances of each account in real time</li><li>Manages trade allocations</li><li>Sends Drop Copies to all appropriate receivers</li><li>Uploads EOD (end-of-day) trade files to the clearing firm and reports to regulators</li></ul>