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Synthetic Order Types

Patsystems supports synthetic order types through our Synthetic Order Management System (SyOMS).

SyOMS is designed to manage synthetic stops and timed orders for exchanges that do not support these Stop or Time Triggered order types. SyOMS supports Iceberg and Ghost orders via Pro-Mark. SyOMS also supports Bracket orders via both J-Trader and Pro-Mark. These orders are held on SyOMS and the SyOMS equivalent order type is sent to the exchange when triggered.

SyOMS Pro is configured to support more complex order types including Time-sliced orders, "With a tick" orders, and "Order Cancels Order" Limit Stops.