CHICAGO, IL – Oct 24th, 2017 – Sterling Trading Tech (STT) announced today a partnership with Electronic Transaction Clearing (ETC). ETC has selected STT as their provider of institutional electronic trading, pre-trade risk and real-time risk management tools for the firm. Sterling Trading Tech is a leading provider of sophisticated trading technology and provides the professional trading community with a variety of trading platforms, risk and compliance tools, and infrastructure solutions.
ETC offers comprehensive clearing, settlement and custodial services globally to securities industries participants, including broker-dealers, ATS’s, routing firms, professional trading firms and hedge funds “We are delighted with our partnership with Sterling Trading Tech and look forward to utilizing their different platforms to better benefit our clients. There is a synergy between our two brands that we feel will result in a beneficial relationship for ourselves and our clients,” said Matthew Shatz, Managing Director of ETC.
ETC will utilize STT’s Sterling Trader® Elite, Sterling VolTrader, Sterling Risk Engine, and Sterling Aggregator products. Sterling Trader® Elite and Sterling VolTrader are buy-side platforms that offer sophisticated algorithmic trading suites, next-generation analysis, execution and position management with advanced order management to provide institutional and agency traders complete customizable control of their trading worldwide. The Sterling Risk Engine calculates intraday, real-time risk-based haircuts and customer portfolio margin based on the OCC methodology and calculates real-time customizable market shocks against these portfolios. Sterling Aggregator allows clients to view all orders, manage trading risk and enforce 15c3 compliance controls.
Jim Nevotti, President of STT states, “ETC is a valuable partner. We are excited to serve ETC’s Reg T and portfolio margin clients. As an industry leader, STT stays focused on the forefront of the ever-changing global market environment by understanding the complex needs of our customers.”
Additional Information on Sterling Trading Tech and its products can be found at www.sterlingtradingtech.com or 312.346.9600.
About Sterling Trading Tech (www.sterlingtradingtech.com)
Sterling Trading Tech (STT) is a leading provider of technology solutions for the global equities, equity options and futures markets. With over 100 clients including leading brokers, clearing firms and prop groups in over 30 countries and trading supported in 10 countries, STT provides solutions tailored to our client’s needs including links to over 80 execution venues in the US. STT is committed to providing fast, stable technology along with outstanding customer service.