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Sterling Trading Tech Unveils A New Order Management System

Apr 27th, 2021

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CHICAGO – April 27, 2021 – Sterling Trading Tech (STT), a leader in technology solutions for the equities, equity options, and futures, will launch a sell-side Order Management System allowing clients to streamline their trading operations later this year.

The STT OMS will allow Sterling clients to consolidate their order flow from multiple platforms allowing for cross platform risk and compliance checks as well as reporting. All Sterling platforms, third-party providers, and orders delivered via API will be integrated to connect and utilize the OMS as its transactional ledger via a FIX API or REST API for two-way data transport. Additionally, routing can be handled natively via the STT EMS or routed to a third-party EMS for execution.

Clients currently use STT products to fulfill their order management system needs. The new Sterling OMS offering will consolidate existing functionality as well as new advanced capability. The offering will include a new advanced web-based admin console with the ability to set pre-trade risk controls, provide the ability to manage and interact with order flow and positions in real-time in addition to full compliance reporting for CAT, OATS and trade reporting with a diverse array of execution destinations.

“Our OMS will allow clients to increase their day-to-day workflow efficiency and give them more control over their business,” states STT Managing Director of Business Development, Andrew Actman. “Many clients rely on STT as their primary trading technology vendor and this will allow them to further consolidate their operations.”

The Sterling OMS will initially handle multiple asset classes, including Equities, Single Leg and Multi-Leg Equity Options, Canadian Equities and Canadian Equity Options with plans to expand to Digital currency assets, Fixed Income, FX, Futures, and US Options on Futures.

As one of the leading providers of equity and equity options trading solutions, STT offers trading platforms, OMS and infrastructure solutions, and risk and margin tools. Its professional and retail trading platforms are available to the global trading community for equities, options, futures, and digital assets. Platforms and products can be white labeled to enhance our clients’ brand identity.

About Sterling Trading Tech (www.sterlingtradingtech.com)
Sterling Trading Tech (STT) is a leading provider of professional trading 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 20 countries, STT provides solutions tailored to clients’ needs. STT supports tens of thousands of users worldwide and provides links to over 80 execution venues in the U.S. STT currently touches over 5% of the daily U.S. equity volume. STT is committed to providing fast, stable technology along with outstanding customer service.

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

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