Lime offers the industry’s most advanced trading technologies and execution services, providing traders superior access to the most automated, high-volume electronic trading markets. Lime Brokerage LLC (Lime), is a FINRA and NFA member and a fully disclosed introducing broker-dealer based in New York City, Chicago, Boston, Los Angeles, and Platteville. In the background, the new entity will be working towards expanding its suite of technologies, products, and services to deliver additional trading capabilities and benefits for their customers. From a customer standpoint, business will continue as usual. The firm will remain a leader in providing fast and stable trading platforms, affordable pricing and fees, safe and efficient market access, robust market data and top-notch customer support for algorithmic, equity, options, and futures trading. Lime Brokerage with its Lightspeed and efutures divisions, will continue to provide its customers with customized technology solutions that are reliable and scalable for all clients that want an intelligent trading platform while mitigating risk. The new entity will be able to offer a wider range of securities trading products, services, and the firm plans to continue its investment into technology, including web and mobile offerings, and cross-asset class platforms. Our greater size will allow us to better scale our infrastructure, continuing our promise to bring robust advanced trading platforms with low latency to the market.”
Farid Naib, CEO of Limelight Holdings, comments “Combining the operations of three highly recognized companies will allow us to expand our product offerings for our clients and give us a base to continue our investments in trading platforms and in client features. The new entity will have offices in New York, Chicago, Boston, and Platteville, WI. Brian Oliveira from Lime Brokerage will act as the CFO. All are formerly from Lightspeed Trading. The new firm will be led by Farid Naib, Chief Executive Officer, as well as Tom Gibb and Kevin Ott acting as Co-Presidents. The entity will be owned by Limelight Holdings LLC and supported by investments from management. This newly created entity will handle roughly 1% of the US market in equities and options. Lightspeed Trading, Lime Brokerage, and eFutures have announced today that they have closed on a transaction to combine brokerage operations. The new entity will be able to offer a wider range of securities trading products, services, new technology offerings, and cross-asset class platforms. I highly recommend this platform if you are active day-trading today’s fast markets.Lightspeed Trading, Lime Brokerage, and eFutures Are Merging. With Lightspeed Trader, operation costs are very low, and commission rates are very reasonable. Some other sophisticated platforms can do that, but would charge hundreds of dollars a month just to use the software. There with the click of the mouse button, you can adjust the limit price of your order rapidly - multiple times in a second.
You want to modify an existing open order and adjust the limit price upward/downward by a few cents, by a few dollars? You can select some built-in macros and invoke them with custom-defined hot buttons. Lightspeed Trader has always been a top contender in order execution speed, and ease of order modifications. In today’s rapidly moving intraday markets, every extra second you spend placing/modifying orders can result in diminishing profits. To send a new order, or to modify an open order, may take 30 seconds to even a minute. Some of those platforms are cumbersome to use. Over the decades I have used many different direct-access platforms. The platform is highly reliable, feature-rich, and allows you to speed up custom order placements/modifications with hot keys and hot buttons which I use often.
Order placements and fills are very fast. I have been using the Lightpspeed Trader platform for active day-trading stocks and equity options for over 4 years. Title: Lightspeed Trader is Light-speed Fast!