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Third Avenue Management Launches New EMS & OMS Amid Market Uncertainty

New system brings challenges but promises improved trading. Market braces for volatility due to government shutdown.

In this image there is a store, on the top there is some text.
In this image there is a store, on the top there is some text.

Third Avenue Management Launches New EMS & OMS Amid Market Uncertainty

Third Avenue Management is rolling out a new execution and order management system (EMS and OMS). However, the implementation is not without challenges, as noted by Michael Warlan, the global head of trading and operations. Meanwhile, market uncertainty persists due to the ongoing US government shutdown.

Michael Warlan, speaking on Trader TV, highlighted the difficulties in implementing the new system. Despite the challenges, Third Avenue Management is pushing forward with the integration, which is vital for their multi-asset trading desk.

The US government shutdown is adding to market unease, with potential news on the horizon. Warlan discussed these concerns, emphasizing the need for robust systems to navigate such uncertain times.

Third Avenue Management's new EMS and OMS system is critical for their trading operations, despite facing implementation challenges. Meanwhile, the market braces for potential nypost due to the US government shutdown, with Third Avenue Management prepared to navigate these uncertainties with their new system.

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