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Samsung first in Asia to link to Omgeo CTM
13 May 2010
Post-trade specialist Omgeo has announced that Samsung Securities is the first broker in Asia to connect to its central matching engine, Omgeo Central Trade Manager.
Read more:
Samsung
Omgeo
CTM
Broker-dealers using
its central matching are able to participate in the matching process and take a
more proactive role in exception processing, Omgeo claims, with the result
being mitigated operational risk through improved same day affirmation SDA
rates and response times.
Omgeo says six brokers now
use its platform, with another seven planning to go live in the first half
of 2010.