CHICAGO, March 22, 2018 /PRNewswire/ -- Sterling Trading Tech (STT) is pleased to announce the appointment of new Director of Business Development, Andrew Actman. Mr. Actman joins the STT team to lead STT's products and services growth initiatives throughout the industry.
STT expanded its product offerings through acquisition and internal development over the past year. One of Mr. Actman's first initiatives will be to focus on STT's web-based Risk Engine that continuously calculates both Portfolio Margin and Risk Shocks in the cloud. Additionally, this cutting-edge platform calculates Reg T as well, based on the universal spread method for option portfolios, which is currently unavailable or inaccurate in most systems in the market.
With over 15 years of trading industry experience, Mr. Actman brings a wealth of knowledge and expertise to the team. He has worked with a variety of firms within the finance industry on strategic operations and development solutions. Jim Nevotti, President of STT states, "Andrew is an industry veteran with deep market knowledge and an intuitive understanding of our clients' needs. He is a key strategic addition to the Sterling team and his appointment represents STT's continued commitment to being a leader and innovator within our industry."
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 clients' needs including links to over 80 execution venues in the US. STT is committed to providing fast, stable technology along with outstanding customer service.
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SOURCE Sterling Trading Tech