CHICAGO, IL - March 21, 2017 – Sterling Trading Tech (STT) announced today the acquisition of Livevol X, a trade execution platform for U.S. equities and options, from CBOE Livevol, a subsidiary of CBOE Holdings, Inc. (NASDAQ: CBOE).

STT provides the professional trading community with trading platforms, risk and compliance tools, and infrastructure solutions. Farid Naib, CEO of STT states, “While we have a number of trading platforms that offer option capability, Livevol X represents a more powerful, analytics based, option trading system that considerably broadens our offerings for advanced option traders.”

Livevol X supports complex orders and algos, in addition to supporting advanced risk analysis for portfolios including what-if analysis. Top features include the ability to trade volatility skews directly from a skew chart, advanced order entry, 3D risk modeling, and powerful volatility modeling features.

Under STT, Livevol X will be known as Sterling VolTrader. “Sterling VolTrader users will enjoy STT’s market leading support team and framework”, states Jim Nevotti, President of STT. Mr. Nevotti further adds, ”STT will invest in the platform with additional development planned. Our intent is to continue to develop and evolve the platform to better serve existing and future clients.”

CBOE Livevol will continue to host the Livevol X platform during the transition period to ensure the continuity of service for current clients. STT is able to on board new clients for Sterling VolTrader effective immediately.

Additional Information on Sterling Trading Tech and its products can be found at www.sterlingtradingtech.com or 312.346.9600.

About Sterling Trading Tech (www.sterlingtradingtech.com) Sterling Trading Tech (STT) is a leading provider of technology solutions for the global equities, equity options and futures markets. With over 100 clients including leading brokers, clearing firms and prop groups in over 30 countries and trading supported in 10 countries, STT provides solutions tailored to our client’s needs including links to over 80 execution venues in the US. STT is committed to providing fast, stable technology along with outstanding customer service.

Sterling Trading Tech Media Contact:
Melinda Joseph
(312) 517-3569
[email protected]