BDM

Broker dealer module

BDM allows the Brokerage firm to manage order flow through grouping, as it allows sending orders from several account managers 'un licensed brokers'  to one or more Admin Broker 'licensed Broker' who have the authority to send it directly to the Exchange.

OMS Admin is a front office user to serve a group of customers:

•    Admin Broker : who send his customers' Orders directly to the market
•    Account manager: Who is responsible to get the order and fill it, he will not send it to the market directly, and send it to the admin broker, admin broker who will verify the orders by sending it to the market.