Sterling Gent Trading Ltd (SGT), the BVI-incorporated specialist FX firm, has launched SGT Trader as a complete software trading solution for buy-side and sell-side clients. SGT Trader was licenced through New York-based ActForex, Inc, a leading developer and licensor of online trading technology.
“We’ve seen a lot of pioneering industry growth emerge out of the greater New York area both on the dealing and technology sides of the industry. We’re not surprised that ActForex, Inc decided to physically base their company on Wall Street. This technology acquisition will serve our clients well. We’re excited to combine ACT’s excellent technology with our experience and connections in the industry,” explains John Rebelo, SGT founder.
SGT Trader will focus on providing liquidity in FX and Contracts for Difference (CFDs), two rapidly-growing online trading industry segments that have become quite popular with both institutional and retail clients.
“When my colleagues and I started in the industry in the 1980s, there was basically only one way to gain exposure to many asset classes, and that was through he futures pits in Chicago, London, and elsewhere. While these trading venues continue to thrive, the industry has invented new ways to chase beta in traditional asset classes such as energy, metals, and other commodities. Offering a popular trading client like SGT Trader to speculators who seek collaterlised exposure to the FX and CFD spaces will prove very successful. Being able to trade Euro, Gold, and Crude oil from a single account with a single pool of equity is quite appealing,” Mr Rebelo adds.
SGT Trader offers trading in dozens of spot FX pairs, Gold, Silver, equity indices, energy products, and other commodities 24-hours per day.