The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Sterling Buy-Side Platform Adds Clearpool Algo Management

Sterling Trading Tech is adding to its Sterling Trader Elite buy-side platform, which offers algorithmic order entry, bringing on Clearpool Group’s Algorithmic Management System, according to Jim Nevotti, president of Sterling Trading Tech. Users of Clearpool’s system will be able to access Sterling algorithmic trading and order management tools.

“Clearpool is growing and getting visibility,” says Nevotti. “Their tools on the back end allow greater control over how orders are executed.”

To work through Clearpool, Sterling Trading Tech built a graphical user interface to the company’s specifications, according to Nevotti. Sterling is working on more such interfaces for other management systems, he adds.

By adding Clearpool, Sterling is filling a need for a “combination of new technology at a cost-competitive price,” says Nevotti. “Many have gone into maintenance mode. We’re very actively developing the platform. Client service is what we pride ourselves on.”

Sterling Trading Tech’s most recent addition was its acquisition of CBOE’s Livevol X trading execution platform, since re-named Serling VolTrader, the company’s third product alongside its Sterling Pro for futures traders and Sterling Trader Elite, which offers all Pro features plus algorithmic order entry. Collectively, Sterling Trading Tech platforms process 5% of daily US equity volume and operate in over 30 countries.

Related content

WEBINAR

Recorded Webinar: Opportunities of new approaches to electronic trading

Challenged by legacy systems, less than ideal workflows and high costs, front-office trading teams lack the ability to adapt to clients’ evolving needs around integration, speed and multi-asset capabilities. They are also challenged by a capital markets environment characterised by legacy systems, shrinking margins and increased regulatory scrutiny. While these problems cause considerable friction in...

BLOG

A-Team Webinar: Opportunities of New Approaches to Electronic Trading

In today’s capital markets environment, front-office traders face a number of challenges, not least of which are high costs, shrinking margins, increased regulatory oversight, and a multiplicity of siloed, often-legacy applications on the trading desk that can hamper workflows. Within this environment, firms need to be able to rapidly adapt: to the evolving needs of...

EVENT

Virtual Briefing: ESG Data Management – A Strategic Imperative (Redirected)

This briefing will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

ESG Handbook 2021

A-Team Group’s ESG Handbook 2021 is a ‘must read’ for all capital markets participants, data vendors and solutions providers involved in Environmental, Social and Governance (ESG) investing and product development. It includes extensive coverage of all elements of ESG, from an initial definition and why ESG is important, to existing and emerging regulations, data challenges...