Sterling Trading Tech (STT), a leading provider of order management systems, risk and margin solutions and trading platforms to the capital markets worldwide, today announced the launch of a calculation service for FINRA member firms in response to the recently announced enhancements to the regulator’s portfolio margining requirements.
These new requirements were set to go into effect April 1 of this year, which FINRA recently updated to be later in 2023.
Responding to client and industry demand, STT has developed and launched a service to calculate and produce the data elements required for this additional reporting, including concentration position requirements and global margin supplement details, for firms approved by FINRA for portfolio margin.
Existing Sterling clients can directly subscribe to this service offering, and any…
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