FFastFill Inc. today announced that Sterling Commodities Corporation has contracted to obtain its third-party front-end trading technology as a hosted solution provided by FFastFill.
The new service will provide approximately 40 Sterling Commodities traders with direct access to electronic exchange-traded energy markets. FFastFill Inc. is the U.S. operation of London-based FFastFill plc, a leading provider of application services to the global derivatives community.
FFastFill is able to offer Sterling rapid deployment of the technology to all of Sterling’s traders, including numerous remote users. FFastFill, which has already made the investment in hardware and connectivity to the major derivatives exchanges, will support the traders from its state-of-the-art U.S. data center.
Said Hamish Purdey, Chief Operating Officer of FFastFill plc: "Our flexible deployment model enables us to bring Sterling Commodities on board very quickly with the full range of services it desires. This contract demonstrates our ability to offer customizable application services to a broad range of clients – from major investment banks to mid-size trading groups – with the technology and cost efficiencies that can help them achieve their business goals."
Sterling Commodities is a New York-based futures commission merchant.