Sterling Trader, Inc. is pleased to announce the release of Sterling Trader® Pro version 6.0.  Sterling Trader® Pro 6.0 brings multi-currency, international trading to the Sterling suite of connectivity and trading services, broadening the global reach available to our clients.  Now you can access real-time data and trading opportunities in equities not only in the United States, but also in Canada and Europe.

Markets include the major US markets, the Toronto Stock Exchange, the London Stock Exchange, and Euronext, among many others.

Multi-Currency Functionality

The Sterling Trader® 6.0 multi-currency feature means individual accounts can be denominated in a base currency of your choosing, including Canadian Dollars, Euros, and British Pounds, among others.  When a trader trades a security listed in a different currency, we’ll make the appropriate currency conversion calculations based on real-time Forex data to accurately adjust buying power and reflect account value and profit and loss.  Profit and Loss will be calculated in both base currency and the currency native to the listing exchange so the trader can make informed decisions without time consuming manual calculation.

Multi-currency also figures into our comprehensive risk controls. Buying power and margin control are figured on the accounts base currency, as is max loss and any related figures.  We’ll process the conversions in real-time to ensure accounts are not exceeding their buying power and staying within loss limits.

Data and Trading Access

The international trading module on the Sterling Trader® platforms will be broken down by region.  Initially, there will be three regions:  US, Canada, and Europe, with a fourth region, Latin America, to follow later this year.  Traders will have access to trade one region with their log in.  Additional pricing will apply to each region requested to trade in thereafter.  However, traders interested only in receiving real-time data from these international sources will only be charged the data fees passed through by the exchange.  Only trading in these regions will incur additional fees.  Please check with your Sterling representative regarding fees.

For a list of available market data and current execution destinations please follow these links to our website:

Market Data

Execution Destinations

Contact

Please direct any questions you have regarding these new products to Sterling Trader’s Vice President of Sales, Joe Schultz:

Phone:  212.380.9501
Email:  joe@sterlingtrader.com

We hope you will be able to take advantage of this exciting new offering!