Sterling Trading Tech taps Jeff Marston as CTO

Rick Steves

The hire comes on the heels of Sterling’s launch of fractional shares capabilities for brokers in retail and crypto trading.

Sterling Trading Tech has appointed industry veteran Jeff Marston as Chief Technology Officer, where he will manage STT’s overall technology strategy, oversee technological investments to help drive business development and oversee the development and delivery of technology solutions for clients.

The hire comes on the heels of Sterling’s recent enhancements to its OMS, including fractional shares capabilities that are instrumental for retail and crypto trading, and a new risk-based rules engine, offering broker-dealers and their traders more power and flexibility.

Marston spearheaded projects on OMS

Jeff Marston joins Sterling Trading Tech from SS&C Eze, where he was Senior Director of Software Engineering and managed a global team of more than 100 engineers. Prior to that, he spearheaded innovative tech projects on the front-end framework and OMS teams. Marston holds a BA in Computer Science from Boston College.

Farid Naib, Chief Executive Officer at Sterling Trading Tech, said: “We are thrilled to welcome Jeff to the STT team. Throughout his career, he has demonstrated a talent for software engineering innovation while empowering his teams to solve problems as they build and deploy with scale and efficiency. He will be instrumental in propelling STT to its next phase of growth as we continue to deliver new generation technology to clients accelerating modernization across the industry.”

Jeff Marston, Chief Technology Officer at Sterling Trading Tech, said: “I look forward to working with this impressive team to further build on STT’s foundational architecture. STT has earned a reputation for pioneering solutions across the full trade lifecycle, and I am excited to be joining a group committed to providing enhancements, speed and stability to the capital markets.”

Sterling Trading Tech features a number of solutions for the full trade lifecycle, including EMS Trading Platforms, OMS and Risk and Margin solutions. The firm caters to brokers, clearing firms and investment managers.

It was earlier this month that the firm announced the roll out of new advanced features that include a risk-based rules engine and the ability to trade fractional shares in order to offer broker-dealers and their traders more power and flexibility.

The Sterling OMS employs a REST API interface that integrates easily with users’ other existing systems, easily incorporating additional features and growing along with user demand.

Capable of handling increased volumes and order flow, the order management system now supports the trading of fractional shares as they become a common feature in the current trading environment, particularly in the retail trading segment.

The updated OMS joins a suite of equity, equity options and futures trading solutions as well as a real-time, cloud-based risk and margin system.

Read this next

Digital Assets

Centralized exchanges are 10 times more popular than DEXs in Western Europe

Western European traders are found to prefer centralized exchanges over decentralized ones as CEX traffic outpaces DEXs by a factor of ten.

Market News

Stock Market Analysis: Is NVDA Losing Its Leadership?

Since the beginning of the week, the S&P 500 Index (US500) has seen a modest increase of about 0.58%, whereas NVDA’s share price has experienced a decline of approximately 3.8%. This recent divergence raises concerns among Nvidia stock investors — could it signify a loss of NVDA’s market leadership?

Industry News

ESG: Australian regulator wins first greenwashing court case against Vanguard

Vanguard admitted that a notable portion of the securities within both the Index and the Fund did not undergo the promised ESG scrutiny.

Fintech, Uncategorized

BitMEX integrates HALO from Solidus Labs for cross-market surveillance

“The recent approval of the Spot Bitcoin ETF has piqued the market’s interest. As a result of price volatility, the trading volumes for crypto derivatives have gone up substantially. HALO, with its advanced technology and crypto-native detection architecture, will enable BitMEX to smoothly and safely scale trade surveillance across its increased trading volumes and provide the necessary safeguards for new product launches.”

Reviews

IUX Broker Review

IUX, recently rebranded from IUX Markets, stands as a multi-asset Forex broker recognized for its regulatory compliance across various jurisdictions.

Industry News

Horizon Software rebrands to Horizon Trading Solutions

“Horizon Trading Solutions has seen accelerated global growth over the past year to meet the rising demand for our trading solutions and built-for-purpose technology offering. The choice to rebrand represents a key part of this development, while maintaining our heritage and history in the industry.”

Market News

USDJPY has surged to levels last witnessed in 2022. Should we consider opening a short position?

The recent resurgence of the US dollar has propelled USD/JPY to new heights, touching levels not seen since 2022. This surge comes against the backdrop of stable short-term yields and ongoing economic data that fails to signal a significant slowdown, prompting questions about the extent of current monetary easing measures.

Digital Assets

DED Trends on Twitter After Memecoin Snapshot Announcement

Polkadot-backed community coin #DED, made it to the trending charts on X, demonstrating community’s engagement and interest behind the memecoin. 

Digital Assets

BlockDAG Presale Nears $10 Million Amid Toncoin’s Momentum, Green Bitcoin’s Presale, and the Rise of Other Top Cryptos

This article will examine three top trending topics: Toncoin’s potential, Green Bitcoin’s innovative presale, and BlockDAG’s sustainable mining approach. These cryptocurrencies take centre stage for their uniqueness and innovation.

<