Advanced screening, valuation, and order management system for convertible bonds
The Kynex Order Management System (OMS) by Numerix is a powerful, purpose-built solution designed specifically for trading convertible securities. It caters to the needs of both buy-side and sell-side market participants, offering workflow driven integration with Kynex’s Core Analytics and Portfolio Management System modules. Together, these tools deliver unmatched support for the precise and efficient management of convertible securities.
Kynex OMS streamlines every step of the convertible bond trading process, delivering a seamless and efficient experience. The platform offers detailed performance analysis across multiple timeframes, while also enabling precise commission tracking and trade monitoring with robust audit trail reporting. Its innovative two-sided order ticket is designed to replicate the complexities of executing arbitrage trades in equity derivative markets, ensuring an intuitive trading workflow.
Combining accuracy, transparency, and efficiency, Kynex OMS equips users with the tools they need to confidently navigate the complexities of the convertible securities markets.
Key capabilities
The Kynex OMS is seamlessly integrated with Kynex Core Analytics and the Kynex Portfolio Management System to support both buy-side and sell-side market participants.
Buy-side
- Define targeted NAV across multiple prime brokers and accounts while maintaining delta neutrality.
- Send trade files to different prime brokers and administrators for smooth execution.
Sell-side
- Route stock orders through the OMS using the FIX engine to execute trades on your trading platform.
- Dollar-neutral bond pricing is automatically calculated, and trade confirmations are sent to clients with a single click.
Risk-based compliance
- Implement customizable, risk-based compliance rules within the OMS to ensure adherence to regulatory requirements and predefined risk parameters.
Shareable indications database with dollar-neutral calculations
- Keep a history of price indications for securities that are of interest, enabling easy access to historical data for analysis.
- Compute dollar-neutral indications using real-time stock prices and estimated hedge values to identify cheapening/richening trends in the market.
- Back-out probable hedges for the broader market based on personal price indications.
Product factsheet
Kynex-Integrated Platform for Convertible Bonds
Discover how the Kynex-Integrated Platform for Convertible Bonds provides unmatched insights into the global convertible securities markets.
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What our clients are saying
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