Sterling Trading Tech
Sterling Trading Tech is a privately held Chicago-based provider of multi-asset trading platforms, order management systems, and real-time risk and margin tools serving broker-dealers, proprietary trading firms, hedge funds, banks, and clearing firms worldwide.
- Company typePrivate
- Founded2001
- HeadquartersChicago, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
Sterling Trading Tech firmographics
Firmographics- Name
- Sterling Trading Tech
- Legal name
- PTS Financial Technology, LLC
- Website
- https://sterlingtradingtech.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Sterling Trading Tech is a privately held Chicago-based provider of multi-asset trading platforms, order management systems, and real-time risk and margin tools serving broker-dealers, proprietary trading firms, hedge funds, banks, and clearing firms worldwide.
- Ownership category
- akta.pro rank
Sterling Trading Tech industry classification
Industry- Product category
- Capital Markets Trading Technology
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (5232)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Multi-Asset Electronic Trading Platforms (FSAFANAH)
- akta.pro secondary industries
- Algorithmic Trading & Execution Platforms (FSAFANAN), Fixed Income Electronic Trading Platforms (Bonds/Credit) (FSAFANAB), Commodity Electronic Trading Platforms (Energy/Metals/Agriculture) (FSAFANAF)
Keywords
Where Sterling Trading Tech is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Sterling Trading Tech business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales
Revenue model
- Platform Subscriptions: Monthly recurring subscription fees for trading platforms including Sterling Trader Pro at $265/month plus market data fees ranging from $30-155/month depending on professional status. Platform pricing is also set by brokers for institutional clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Sterling Trader Pro - Non-Professional |
| Subscription | Monthly | Sterling Trader Pro - Professional |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Sterling Trading Tech product offering
Product offeringCore offering
Sterling Trading Tech develops and licenses multi-asset class trading technology, including the Sterling OMS 360 order management system, the Sterling Risk & Margin System, and a family of Sterling Trader platforms (Pro, Elite, Manager, LST, VolTrader, Mobile) for equities, options, futures, fixed income, and digital assets. The OMS 360 is the industry's only system providing native, real-time enforcement of both Reg T and Portfolio Margin across the order lifecycle, while the Risk & Margin System delivers cloud-based, real-time pre-trade and post-trade margin validation via integrated APIs. These offerings are sold to broker-dealers, proprietary trading firms, hedge funds, clearing firms, banks, RIAs, and institutional trading firms worldwide.
Product overview
Sterling Trading Tech is a comprehensive multi-asset class technology solution provider offering a platform-plus-modules architecture. The core product suite includes Sterling OMS 360 (order management system with real-time Reg T and Portfolio Margin enforcement), the Sterling Risk & Margin System (cloud-based real-time risk management), and multiple trading platforms (Sterling Trader Pro, Elite, and Manager) for equities, options, futures, fixed income, and digital assets. The Sterling Entitlement Manager provides access control and market data agreement management. The company serves broker-dealers, proprietary trading firms, clearing firms, hedge funds, banks, and institutional trading firms worldwide with scalable OMS, risk and margin, and trading solutions.
Differentiator
Problem solved
Functional benefit
Brands
- Sterling Trader Pro: Professional trading platform available in 32-bit and 64-bit versions
- Sterling Trader Elite
- Sterling Trader Manager
- Sterling LST
- Sterling VolTrader
- OMS 360
- Risk & Margin System
Quantifiable outcome
- Real-time enforcement prevents margin violations and reduces exposure to regulatory breaches before orders reach the market
- +1 more outcomes
Companies that use Sterling Trading Tech
Customer profileNamed customers10 records
Segments9 records
Ideal customer profiles5 records
Sterling Trading Tech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability1 record
Feature4 records
Sterling Trading Tech partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Lightspeed Financial Services Group LLCcoreSterling implemented full compliance with revised FINRA Rule 4210 for Lightspeed Financial, supporting new intraday margin requirements effective June 4, 2026. The rule eliminates the Pattern Day Trader minimum account balance and introduces real-time margin monitoring. Sterling's OMS 360 real-time Reg T and Portfolio Margin capabilities are deployed for Lightspeed's brokerage and trading services.
- PropShop TradercorePropShop Trader, a multi-asset proprietary trading firm, selected Sterling OMS 360 to support expansion into equities as a second asset class alongside futures. Driven by anticipated PDT rule changes, PropShop leverages Sterling's advanced equities trading capabilities and real-time Reg T and Portfolio Margin enforcement. This highlights Sterling's growing footprint in serving proprietary trading firms.
- TickblazecoreTickblaze, an infrastructure platform for proprietary traders and trading firms, selected Sterling OMS 360 as its order management system solution. Sterling OMS 360 provides real-time enforcement of Reg T and Portfolio Margin requirements across the entire order lifecycle, designed to help firms meet evolving FINRA Rule 4210 regulatory standards. Integration will make Sterling's capabilities available to Tickblaze's end clients.
- Apex ClearingcoreHedge cited collaboration between STT's OMS/EMS and Apex's clearing services as providing scalable, resilient systems for multiplayer investing. Strategic integration combining order management with clearing services.
Scale indicators1 record
Recent moves6 records
Expansion highlights7 records
Sterling Trading Tech competitors and assessment
Company assessmentDirect peers
- FlexTrade Systems: FlexTrade provides multi-asset execution management and order management systems for equities, options, futures, FX, and fixed income. It is one of Sterling's closest direct competitors on multi-asset OMS/EMS and front-office trading technology for sell-side and buy-side institutions.
- SS&C Eze: SS&C Eze offers the Eze OMS and EMS platform alongside execution and portfolio management tools for hedge funds, asset managers, and broker-dealers. It directly competes with Sterling OMS 360 and Sterling Trader Pro on order and execution workflows.
- Itiviti: Itiviti (now part of Broadridge) provides multi-asset trading platform and connectivity software for sell-side and buy-side firms. Its OMS and trading-engine capabilities overlap with Sterling's OMS 360 and Sterling Trader platform family.
- Charles River Development: Charles River Development (State Street) delivers an order management, execution, and post-trade platform widely used by buy-side firms. It competes with Sterling on the OMS layer serving hedge funds and asset managers, including multi-asset cross-asset workflows.
- TradingScreen: TradingScreen (under ION/Adenza) provides a multi-asset order and execution management system for buy-side and sell-side clients. Its OMS/EMS scope is functionally analogous to Sterling OMS 360 plus the Sterling Trader front-end.
Broad incumbents
- Bloomberg EMSX: Bloomberg's EMSX order and execution management system is bundled into the Bloomberg Terminal and reaches a massive installed base of institutional traders. It is a broad incumbent in OMS/EMS that competes with Sterling's OMS and trader products.
- Broadridge Financial Solutions: Broadridge provides trading, post-trade, and data solutions across the securities lifecycle, including OMS and fixed-income trading technology. Its broad portfolio overlaps with Sterling's OMS, risk, and trading platform offerings at an enterprise scale.
- Adenza (ION Group capital markets): Adenza (formerly ION's capital markets division including Fidessa) provides multi-asset trading, OMS, and risk solutions to sell-side and buy-side firms globally. It competes with Sterling on OMS, multi-asset connectivity, and risk/margin capabilities.
Emerging players
- Enfusion: Enfusion provides integrated front-, middle-, and back-office software (including OMS and risk) primarily to buy-side managers and hedge funds. It overlaps with Sterling's OMS and Risk & Margin System for the hedge fund and asset manager segments.
- Calypso Technology: Calypso delivers a cross-asset trading, risk, and collateral platform with strong margin and post-trade capabilities for sell-side and buy-side firms. It competes with Sterling on real-time margin calculations and multi-asset risk management.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Sterling Trading Tech social profiles
Digital presenceSterling Trading Tech financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sterling Trading Tech leadership team
Management profileNumber of profiles
Profiles15 records
Sterling Trading Tech funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sterling Trading Tech M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sterling Trading Tech
What does Sterling Trading Tech do?
Sterling Trading Tech develops and licenses multi-asset class trading technology, including the Sterling OMS 360 order management system, the Sterling Risk & Margin System, and a family of Sterling Trader platforms (Pro, Elite, Manager, LST, VolTrader, Mobile) for equities, options, futures, fixed income, and digital assets. The OMS 360 is the industry's only system providing native, real-time enforcement of both Reg T and Portfolio Margin across the order lifecycle, while the Risk & Margin System delivers cloud-based, real-time pre-trade and post-trade margin validation via integrated APIs. These offerings are sold to broker-dealers, proprietary trading firms, hedge funds, clearing firms, banks, RIAs, and institutional trading firms worldwide.
Is Sterling Trading Tech a public or private company?
Sterling Trading Tech is a private company. It is classified as private equity controlled and is currently operating.
When was Sterling Trading Tech founded?
Sterling Trading Tech was founded in 2001. It employs 51 to 100 people.
Where is Sterling Trading Tech based?
Sterling Trading Tech is headquartered in Chicago, United States, in the North America region.
How does Sterling Trading Tech make money?
One revenue line is on record: platform Subscriptions.
Who are Sterling Trading Tech's main competitors?
Direct peers on record are FlexTrade Systems, SS&C Eze, Itiviti, Charles River Development and TradingScreen. Broad incumbents are Bloomberg EMSX, Broadridge Financial Solutions and Adenza (ION Group capital markets). Emerging players are Enfusion and Calypso Technology.
Does Sterling Trading Tech have an API?
Yes. Sterling Trading Tech offers API infrastructure enabling firms to integrate their trading capabilities. The platform provides full API capabilities for real-time risk management and OMS integration. The company markets its solutions as featuring 'Rapidly Deployable Products with Integrated APIs' and emphasizes seamless integration for US Equities trading capabilities. APIs support real-time enforcement of Reg T and Portfolio Margin requirements, intraday buying power validation, pre-trade and post-trade margin checks, and multi-leg options spread recognition.
What industry is Sterling Trading Tech in?
Sterling Trading Tech's product category is Capital Markets Trading Technology. Its primary akta.pro industry code is FSAFANAH, Multi-Asset Electronic Trading Platforms, with a secondary code of FSAFANAN, Algorithmic Trading & Execution Platforms. Its NAICS code is 5231 and its SIC code is 6200.