Starmark Technologies Limited (STech)

The technology arm of the group has played an essential role in supporting SIML and Starmark’s successful trading activities over the years. Stech developed multi-asset front-end trading and risk management software in the early years when Starmark was involved in proprietary trading. Crucially, the development team built up a unique understanding of trader requirements through a close, on-sight relationship with Starmark traders.This experience has proved invaluable as Starmark moved away from proprietary trading and began to focus on regulatory hosting activities, including, post the introduction of MIFID2, structures for trading groups that wish to engage in regulated activities without the need for themselves to be regulated. This has been achieved through the introduction of a managed account structure where the traders are Certified with SIML in the Client Dealing role, to execute transactions on the account. The traders also benefit from Starmark's trade reporting, monitoring and market abuse detection services.