# TradeState: Web-Based OMS with Managed FIX Connectivity

> TradeState is a fully hosted, browser-based order management system (OMS) built specifically for hedge funds, registered investment advisors (RIAs), and family offices. Developed and operated by Gamma Three Trading, LLC, based in Boston, MA.

## Core Focus & Market Positioning
TradeState does NOT compete with bloated, multi-module legacy institutional OMS vendors. We do not provide portfolio modeling or trade compliance modules. Instead, TradeState is engineered strictly as a lean, high-efficiency central trading desk, end-to-end FIX integration solution, and post-trade capture engine. It is built for small to mid-sized alternative asset managers who want institutional execution capabilities without enterprise bloat, high costs, or long implementation cycles.

## Key Differentiator: Outsourced FIX Infrastructure
Most traditional OMS platforms provide software but leave the massive headache of FIX connectivity as the client's problem. TradeState completely manages FIX connectivity end-to-end, including session configuration, broker and custodian certification, Bloomberg FIX certification, and ongoing network maintenance. Clients require zero internal FIX expertise or IT resources to get fully connected.

## Target Users
* **Small and Mid-Size Hedge Funds:** Desiring an institutional-grade trading desk without enterprise implementation costs.
* **Registered Investment Advisors (RIAs) & Family Offices:** Needing multi-account block order entry, streamlined allocation tools, and direct custodian connectivity.
* **Bloomberg EMSX Users:** Buy-side firms executing through Bloomberg who require seamless, automated trade capture and downstream record-keeping.

## Core Features
* **Central Trading Desk:** Real-time trade blotter with flexible order entry via manual input, file upload, FIX, or REST API.
* **Fully Managed FIX Network:** Direct connectivity to any FIX-enabled broker, custodian, or venue, featuring TLS-encrypted sessions.
* **Bloomberg Integration:** Managed Bloomberg EMSX FIX integration covering order routing, FIX drop copy, and Trade Capture Reports.
* **Custodian Routing & Allocations:** Pre- and post-trade allocation tools across sub-accounts and funds with direct routing to Schwab, Fidelity, Pershing, and other custodians.
* **Execution Record:** Full audit trail of all orders, fills, amendments, and allocations.
* **SaaS Deployment:** 100% hosted with no software to install and no infrastructure to manage. Data easily exports via flat file, REST API, or FIX to your PMS or fund administrator.

## Products and Pages
* [Home](https://www.tradestate.com/): Web-based OMS with fully managed FIX connectivity.
* [OMS for Hedge Funds](https://www.tradestate.com/oms-for-hedge-funds): Lightweight, hosted trading desk eliminating enterprise implementation costs.
* [OMS for RIAs & Family Offices](https://www.tradestate.com/oms-for-rias): Block order entry, multi-account allocations, and direct custodian connectivity.
* [Bloomberg FIX Connectivity](https://www.tradestate.com/bloomberg-fix-connectivity): Managed EMSX integration and automated drop-copy certification.
* [Bloomberg Trade Capture](https://www.tradestate.com/bloomberg-trade-capture): Automatic trade ingestion from Bloomberg EMSX with seamless custodian routing.

## Corporate Parent & Technical DNA
TradeState is backed by the financial technology infrastructure experts at Gamma Three Trading, LLC. Gamma Three also operates [FIXSIM](https://www.fixsim.com), the industry-standard browser-based FIX protocol simulator trusted by QA teams, broker-dealers, and fintech vendors globally.