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Sterling Trading Tech Selected As Real-Time Portfolio Margin And Risk Shocks Provider For Tradingblock

Feb 27th, 2018

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CHICAGO, IL – February 27, 2018 – Sterling Trading Tech (STT) announced today it will provide its real-time risk solution, the Sterling Risk Engine (SRE) for portfolio margin and volatility shocks to TradingBlock, a complete online broker for active traders, investors and, investment professionals.

The SRE is a cloud-based engine that continuously calculates the OCC CPM, based on TIMS methodology for each account as well as a house CPM, with capability to also set specific house rules. STT’s unique model solves an industry-wide issue of accurately calculating portfolio margin, risk shocks and Reg-T intraday for complex equities and options portfolios and eliminates the need for firms to deploy costly and expensive hardware to manage in-house software.

“The need for a more comprehensive intraday risk-monitoring tool has become increasingly important due to the growing complexity of our business and, to a lesser extent, the return of extreme market volatility,” states Don Ogilvie, Chief Operating Officer at TradingBlock, “Our setup and integration with Sterling was seamless.”

Ravi Jain, Director of Risk & Derivatives for STT built and developed the engine internally to solve buying power issues and offer firms access to accurate calculate real-time risk intraday from any device. “The SRE can be used to evaluate a prospects’ portfolio from a risk and margin viewpoint prior to making an account onboarding decision” states Ravi Jain. His 30+ years of experience in options, quantitative trading and risk management across multiple asset classes and markets has helped to successfully put Sterling on the forefront of cloud-based risk analytics.

STT provides the professional trading community with trading platforms, risk and compliance tools, and infrastructure solutions. STT platforms currently process 5% of the daily US equity volume and are used in over 30 countries to trade international financial markets around the world.

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.

About TradingBlock (www.tradingblock.com) AOS, Inc. which does business as TradingBlock and MoneyBlock, is an independent broker-dealer providing trading solutions and exceptional customer support to self-directed investors, active traders, registered investment advisors, asset managers and hedge funds. Member FINRA, SIPC and NFA. Web: www.tradingblock.com. Phone: 1-800-494-0451.

Sterling Trading Tech Media Contact:
Melinda Joseph
(312) 517-3569
[email protected]

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