CHICAGO--(BUSINESS WIRE)--Professional Trading Solutions (PTS) is pleased to announce the formation of Sterling Trading Tech (STT). STT will include all technology assets owned by PTS, including all Sterling Trader products.
STT will offer three product lines to the market place, including trading platforms, real time risk and compliance tools, and infrastructure products including FIX connections and a forth coming single order management system.
Each product line will support US and international equity and equity option trading, as well as futures trading. STT prides itself on its comprehensive software and connectivity solutions that are tailored to meet the individual requirements of each client through customization.
“As an industry leader we have stayed on the forefront of the ever-changing global market environment by understanding the complex needs of our customers and the clients they serve. Our ever-evolving technology gives our customers the advantage of managing their business their way, while our connectivity services provides the speed, reliability, and security they need to trade with confidence,” states Jim Nevotti, President of STT.
“STT will serve as a platform for PTS to make further investments into providing solutions to the world’s trading community. We will focus on both development of new products and extensions to existing products as well as strategic acquisitions,” comments Farid Naib, CEO of PTS and STT.
Sterling Trader has long recognized in the worldwide financial community for exceptional trading technologies and connectivity solutions, is a true broker-neutral company serving buy-side institutions, sell-side firms, hedge funds, and active traders committed to fast, stable technology with a commitment to customer service. With the formation of STT, the original team from Sterling Trader will assume control over a broader technology footprint dedicated to the global equity community.
STT has a busy year planned of product rollouts and strategic acquisitions.
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.