Macgregorâ¢, a global provider of buy-side trade order management systems (OMS) and FIX network services, today announced that Chicago Equity Partners, LLC has selected the Macgregor Financial Trading Platformâ¢ (MFTPâ¢) to automate its equity and fixed income trading. Chicago Equity Partners, LLC selected the Portfolio Manager Workstation, Compliance, and the Macgregor FIX Network (MFN) components to support all aspects of their trading process. The system has been rolled out to 10 users in their Chicago office. Macgregor replaces Longviewâs OMS.
Bob Kramer, Managing Director at Chicago Equity Partners, LLC commented, "Macgregor offered us exactly what we were looking for; superior product functionality combined with strong electronic trading. The system also afforded us the ability to achieve straight-through processing." According to Chicago Equity Partners LLCâs Sheila Foy, Business Systems Analyst, "One of the aspects of a new system that was important to us was implementation. We wanted a system that could be put into place seamlessly. With Macgregor our expectations were met. Not only was the installation timely and successful but their team was professional and easy to work with."
Steven Levy, President and CEO, Macgregor, stated, "Chicago Equity Partners, LLC was looking for an OMS with robust trading functionality with the security of knowing that the system was backed by an organization that could successfully deploy, support and develop it over time. We are happy to provide that functionality and security to Chicago Equity Partners LLC, and look forward to working with them in the completion of their STP workflow."