Sterling Trading Tech (STT), a provider of professional trading technology solutions, has launched a new market data entitlement system, The Sterling Entitlement Manager (SEM).
This custom-built system enables Sterling and its clients to follow all compliance regulations when on-boarding both professional and nonprofessional subscribers through a fully automated verification process. The subscribers market data is then activated on the trading platform once approval from an exchange is granted.
The SEM makes the on-boarding process quick and efficient for traders to electronically sign market data agreements. Market Data is activated once approval from the exchange is granted. Additionally, this automated approval process solution can be white labeled.
“Our priority – together with delivering fast, stable technology with flawless integration – is being client-centric,” says Erik Schmidt (pictured), Managing Director of Client Services for Sterling. “As our clients’ needs evolve, so do our solutions. For Sterling, providing our clients with a fully automated market data approval process is essential in today’s fast-paced markets.”
Sterling contracted industry experts MDMS (Market Data Management Solutions) to assist in providing market data insights and ensure the SEM framework would be compliant with each exchange’s market data policies.
STT offers compliance, risk and infrastructure solutions to buy and sell side clients, including risk, platforms, and connectivity. Our professional and retail trading platforms are available to the global trading community for equities, options, and futures. Products can be white labeled to enhance client’s brand identities. STT is the leading provider of equity and equity option trading solutions.