Press release

Sterling Trading Tech Names Erik Schmidt Managing Director of Client Services

Sponsored by Businesswire

Sterling Trading Tech (STT) is pleased to announce the appointment of
Erik Schmidt as Managing Director of Client Services. Erik is an
industry veteran with two decades of experience in capital markets. His
career began on the trading floors of Chicago, which led him to Europe
and Asia where he opened and managed trading offices to run
international portfolios.

Erik has previously served in management positions successfully at firms
such as Gelber Group, Deutsche Bank AG and Mako Global Derivatives. His
global management expertise includes leading client services teams,
trading operations, risk and portfolio management. His deep market
knowledge and passion for client services will assist STT to continue
delivering best in class service to clients. Erik will also lead STT’s
implementation of next generation client service tools to support STT
while it continues to achieve record growth.

“We are excited to welcome Erik to the Sterling team,” said Farid Naib,
CEO of Sterling Trading Tech. “Erik brings valuable experience to STT.
His appointment represents STT’s continued commitment to servicing our
clients in the best way possible. STT will continue to invest in client
services and our support infrastructure, which we see as one of our key

STT currently offers the industry five product lines: trading platforms,
compliance tools, risk tools, infrastructure products and market data.
Our professional and retail trading platforms are available to the
global trading community for equities, options and futures. Our
platforms and products can be white labeled to enhance our client’s
brand identity. STT is the leading provider of equity and equity option
trading solutions.

About Sterling Trading Tech (

Sterling Trading Tech (STT) is a leading provider of professional
trading technology solutions for the global equities, equity options and
futures markets. With over 100 clients with thousands of traders
including leading brokers, clearing firms and prop groups in over 30
countries to trade international financial markets around the world, STT
provides solutions tailored to clients’ needs including links to over 80
execution venues in the U.S. and currently processes 5% of the daily
U.S. equity volume. STT is committed to providing fast, stable
technology along with outstanding customer service.