Sterling Trading Tech released its OMS 360 platform today (Tuesday), positioning the system as the first order management solution to provide real-time margin enforcement throughout the complete trade lifecycle.

The Chicago-based firm says its new platform addresses regulatory compliance requirements by continuously calculating margin obligations and buying power impacts before, during, and after trade execution. Sterling claims existing industry systems only perform partial checks or post-trade verification.

Sterling Trading Tech Launches Real-Time Margin Enforcement Platform

OMS 360 enforces both Regulation T and Portfolio Margin requirements in real time across what Sterling describes as the full order lifecycle. The system integrates with the company's existing Sterling Risk Manager to provide buying power verification and margin transparency for broker-dealers, banks, and clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term firms.

The platform covers multiple margin categories including Excess, Special Memorandum Account (SMA), Pattern Day Trading (PDT), and Portfolio Margin calculations. Sterling says competitive offerings in the market provide only partial coverage or conduct checks after trades complete.

Built-in compliance with SEC and FINRA regulations aims to prevent margin calls and regulatory violations while enabling firms to execute more complex trading strategies, according to the company's announcement.

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Market Response to Legacy System Limitations

“For over a decade, market participants have been straddled with legacy OMS,” said Jen Nayar, Sterling CEO. “We have completely reimagined and redesigned Sterling's OMS in light of the substantial changes in trading and regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term.”

Nayar indicated the platform responds to client demands and anticipates future market developments. The CEO expressed confidence that sell-side firms would benefit from an OMS that changes how companies approach the trade lifecycle and real-time decision-making.

Sterling Trading Tech serves over 100 clients across more than 20 countries, providing technology solutions for equities, equity options, futures, fixed income, mutual funds, foreign exchange, and cryptocurrency markets. The company focuses on serving brokers, clearing firms, and proprietary trading groups.

The OMS 360 launch follows Sterling's June introduction of 24x5 global trading capabilities for U.S. National Market System equities, expanding overnight trading access through Blue Ocean ATS.

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