Sterling Trader Announces Positive Results of Systems Infrastructure Upgrades

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August 25, 2015 2:07 PM EDT

CHICAGO--(BUSINESS WIRE)-- Sterling Trader is pleased to announce that its trading and compliance technology systems handled Monday’s extreme market activity without issue. Traders on Monday saw huge market swings and periods of exceptionally high volatility, particularly around the market open and the market close.

Sterling Trader and our parent company, Professional Trading Solutions, have invested heavily in system infrastructure in order to handle rapid markets with heavy volume. PTS’s other trading platform, Lightspeed Trader, also performed capably throughout the day.

Sterling Trader President, Jim Nevotti, states, “We spent a significant amount of resources over the last year to upgrade our systems infrastructure to handle increased market volatility, and it was nice to see those efforts pay off. We had multiple clients contact us to congratulate us on a successful day. We take pride in providing a system and support team that traders can count on when they need it most. We were particularly excited to see our new compliance technology product, Sterling Aggregator, successfully handle over 1.1 million orders and more than 177 million executed shares on Monday.”

About Sterling Trader (www.sterlingtrader.com)

Sterling Trader, a Professional Trading Solutions company, is an industry-leading professional direct access trading service and global trading platform. As a broker neutral service bureau, Sterling Trader offers a full service order routing and management suite built to support the direct access trading needs of professional traders, broker/dealers, hedge funds, and buy-side trading institutions.

About Professional Trading Solutions (www.professionaltrading.com)

PTS is an industry-leading solutions provider for active and professional traders, as well as hedge funds and prop trading groups. PTS provides fast, stable, state-of-the-art products and services to the active trading community. Professional Trading Solutions, Inc. is the holding company of two primary operating units: Lightspeed Trading, LLC, a FINRA and SEC registered broker-dealer, and PTS Financial Technology, LLC, a software holding company.

Media
Professional Trading Solutions
Rebecca Holloway, 646-393-4830
[email protected]

Source: Sterling Trader


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