October 15, 2007 Issue Abstract

To purchase this issue of Global Investment Technology, please contact Terry Tiangco at (212) 370-3700, x287 or e-mail ttiangco@globalinv.com

Electronic Trading Systems: Middle and Back Office Needs Go Unaddressed As Order and Execution Management Systems Merge. The emergence of the execution management system (EMS) has added complexity in the institutional marketplace. The quest for speed has spurred efforts by order management system and EMS providers to develop integrated solutions.

Industry Alert: Nasdaq’s Dubai Deal Signals Global Exchange Clusters. The Dubai Stock Exchange’s investment in The Nasdaq Stock Market Inc. and the London Stock Excahnge, and the Qatari Investment Authority’s investment in the LSE, are likely to clear any regulatory hurdles, according to analysts.

Electronic Trade Processing: Omgeo Seeks 2008 Migration to Central Trade Manager. Omgeo is looking to migrate its block-level buy-side institutional clients from Omgeo OASYS Global onto its Central Trade Manager by April 2008 in a push that will affect about 100 institutions worldwide.

Spotlight: Julia Hobart, Director and Head of Wealth and Asset Management Consulting, Oliver Wyman, London.

New Product Roundup: Advanced Tools Reflect Dynamic Trading Demands. Several companies have launched new tools or updated existing software to meet the growing demands of a dynamic marketplace. Here is a continuing update on offerings of interest and value.

Securities Standards: FPL to Push Exchanges Globally to Adopt FIX Protocol. FIX Protocol Ltd. (FPL) is planning to increase its focus on adoption of its trade communication standard by exchanges and liquidity venues. An FPL working group will recommend how to reference products such as derivatives, options and futures, under the FIX standard.