20 October 2017

Sterling Financial Systems connects to LeveL ATS dark pool

03 November 2008  |  1504 views  |  0 Source: LeveL ATS

LeveL ATS announced today Sterling Financial Systems has connected to its "dark pool" alternative trading system.

Sterling Financial Systems, Inc. is a full service order routing and management center built to support the direct access trading needs of professional traders.

"LeveL is excited to have Sterling as a point of connectivity to access our large, diverse and centralized pool of liquidity," said Whit Conary, president of LeveL ATS. "Partners like Sterling, which provide a customizable and robust system for order delivery, help expand the universe of customers that can participate in LeveL."

LeveL integrates over thirty-seven broker-dealers to a single location and continues to see record growth month after month. Driven by low cost pricing and a low latency, highly stable platform, LeveL has become a leading source for non-displayed liquidity. Block trades have the opportunity to be seamlessly executed in a fast and efficient manner while minimizing information leakage and market impact.

"Sterling Financial Systems, Inc. has remained on the cutting edge of trading software technologies for almost 10 years, and we look forward to combining these strengths with the powerful dark book liquidity solutions of LeveL ATS," said Steve Sierszulski, Sterling CEO. "We are confident that this dynamic partnership will result in very attractive and cost effective trading solutions for customers."

Sterling Financial Systems is a broker neutral service bureau where access to the marketplace is tailored to the clients needs while maintaining the existing clearing, execution, and processing relationships the client already has in place. The client decides which order routing and processing methods are to be used; the client can choose from available connections or have custom routes created.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.innotribe.comvisit www.capgemini.com

Who is commenting?

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15921 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
9019 views comments | 16 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8162 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7196 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6337 views comments | 6 tweets | 3 linkedin

Featured job

circa £250K total package
London

Find your next job