Sterling Trader enhances PTS’ diversified technology offerings
NEW YORK--(BUSINESS WIRE)--
Professional Trading Solutions, Inc. (PTS), an industry-leading
solutions provider for the active trading community, announced today the
acquisition of Sterling Trader, Inc. (Sterling), an equity trading
platform provider with a global customer base.
Founded in 2000 and headquartered in Chicago, Sterling provides over
5,000 users with state-of-the-art, advanced trading platforms.
Sterling’s technology provides connections to over 100 destinations and
supports equity, options, and futures trading. Sterling has established
itself as one of the world’s leading trading platforms by providing
powerful, broker-neutral technology. Sterling supports the US, Canadian,
and Brazilian equity markets.
Sterling’s President, Steve Sierszulski, commented, “As part of PTS, we
will have greater resources at our disposal. We have already been
working with PTS to enhance functionality and develop new products. We
look forward to introducing new enhancements in the coming months.”
Currently, the Sterling product line includes Sterling Trader® Pro, a
direct market access trading platform, Sterling Trader® Elite, an
institutional platform, and Sterling Trader® Manager, a trading and risk
Farid Naib, PTS’ CEO, commented, “Sterling fits perfectly into PTS’
vision of providing leading solutions for the entire active trading
community. Sterling will remain as its own brand, and will maintain its
broker neutrality. We will provide resources to enable Sterling to
continue to grow their business.”
Sterling Trader will remain in Chicago and operate as a business unit of
Professional Trading Solutions.
About Professional Trading Solutions
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.
About Sterling Trader
Sterling Trader is an industry-leading professional direct access
trading service and global trading network. As a broker neutral service
bureau, Sterling Trader, Inc. 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
Professional Trading Solutions
Leah Stashko, 844-825-7634
Source: Professional Trading Solutions, Inc.