Sterling Trading Tech Releases Custom Margin Rates and Enhanced VAR for Its Real-Time Risk Engine
Summary
Additionally, Sterling Risk Monitor, the web-based GUI for SRE, added a new Portfolio Viewer, expanded Greeks, and improved navigations. Using STT’s Risk System, firms have the ability to instantly update custom margin rates, allowing them to react quickly to market moves. “The SRE and the Risk Monitor continue to rapidly evolve based on market feedback, client requests and proprietary STT research and development," states Farid Naib, Sterling Trading Tech’s CEO. “We have expanded our VAR calculations to include more sophisticated handling of new stock issues as well.” “The system’s design and architecture allow us to add new functionality quickly,” states Ravi Jain, Sterling Trading Tech’s Director of Risk and Derivatives. With over 100 clients with thousands of traders including leading brokers, clearing firms and prop groups in over 30 countries to trade international financial markets around the world, STT provides solutions tailored to clients’ needs including links to over 80 execution venues in the U.S. and currently processes 5% of the daily U.S. equity volume.
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