For firms with multiple traders who often work large orders, Neovest’s Trade Management System (TMS) gives portfolio managers a robust collaborative trading environment for organizing, monitoring, and dividing target orders across multiple traders. Over 35 real-time status indicators let managers and traders follow an order’s progress, including various quantity, price, ask, bid, volume, and time indicators.

As target orders execute, the “Target Pending” and “Target Completed” tabs display real-time average prices, total shares traded, and total dollar values for each pending and completed target order, as well as real-time average prices and share quantities for particular executions. By displaying individual trade data from each trader working on a target order, the TMS window helps managers delegate orders, coordinate the best prices, and discover trade strategies as large orders are filled.