Index + a16z are betting at the same time; this move by Moment is probably aiming to replace traditional OMS, right?

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MarsBitNews
AI Fintech company Moment completes $78 million funding round, led by Index Ventures
Moment was founded by former Citadel Securities quantitative traders, announcing the completion of $78 million in funding led by Index Ventures, with participation from a16z, Avra, and others. It has partnered with Edward Jones, LPL Financial, and Hightower Advisors to provide AI automation infrastructure for fixed income and stock trading. The new funds will be used to promote the implementation of AI in Wall Street trading systems and product expansion.
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