Muscatella, along with NobleTrading Principals John Ferrara and Daniel Pipitone, founded the firm in 1999. Lightspeed trading plus#Futures 1.29 per side plus fees Futures Options 1. Contact us to learn about additional discounts for high-volume traders. Michael Sedek, Managing Director, Lightspeed Financial, Inc., said, "Noble's sophisticated clients have similar trading styles and expectations from their broker as our clients, so we are confident they will feel right at home with Lightspeed." Lightspeed offers competitive commission rates for the active futures trader. "Lightspeed is certainly best-in-breed among active trading firms and a perfect fit to ensure that our valued clients receive all of trading tools, resources, and support services needed to help them trade with success," said John Muscatella, President and Chief Executive Officer, NobleTrading. The firm is a registered broker-dealer, a member of FINRA, SIPC and the NFA, and has a clearing relationship with Penson Financial Services. NobleTrading clients execute approximately 25 million shares per day and total client assets are $62 million. New York-based NobleTrading provides its nearly 1,600 clients with DMA trading services across a host of asset classes including equities, options, futures and forex. Past acquisitions include retail trading firms Schonfeld & Company, LLC, and Integrity Trading Inc. "Our acquisition of NobleTrading is an important step forward as we continue to grow our business and target a broader segment of individual traders through an expanding product offering centered on client service and education."Įhrlich noted that this deal is the third successful acquisition Lightspeed has made in the active trading arena since its inception less than four years ago. The new firm has several new offerings planned for 2018 and will continue to provide a home for knowledgeable and demanding traders."We remain committed to aggressively pursuing strategic growth opportunities to increase our footprint in the market, further position the firm as the industry consolidator of choice, and solidify Lightspeed as the only destination for sophisticated active and semi-active traders," said Stephen Ehrlich, Chief Executive Officer, Lightspeed Financial, Inc. The scale of industry knowledge and technology achieved by combining these firms will allow them to deliver additional benefits to their clients, including the strongest solutions around, fast and reliable trading platforms, affordable pricing and fees, safe and efficient market access, robust market data, with more to come. The combined firm will continue to offer the current suite of products and will focus on broadening and deepening cross-asset class capabilities. It takes just a few seconds to switch between the options and equity trading layouts using the two buttons at the top of the screen. Founded in Montreal, Canada, over the past 15 years Lightspeed has grown to serve more than 115,000 customer locations in over 100 countries. Lightspeed Trading Platform Features, Charting, and Analysis A highly customizable and intuitive trading platform, Lightspeed Trader is the company’s flagship offering. Lightspeed is the one-stop commerce platform for merchants around the world to simplify, scale and provide exceptional customer experiences. Lightspeed and Lime share the same culture of, and have invested heavily in, providing clients with superior service, and best-of-breed systems. Lightspeed ignites businesses everywhere. The combination of these two firms provides a world-class set of services to active, high volume, and algorithmic traders, among others. This is what the entire platform works around, making a lot of. The parties intend that a new entity, with sponsorship from an investor group (including members of the existing Lightspeed Trading, LLC management team, and WEDBUSH, Inc., among others) will become the new parent company of combined businesses.įarid Naib, Lightspeeds CEO stated: Lightspeed and Lime are both respected brands and leaders in the active trader industry. Lightspeed acts as a discount broker for those who are trading large volumes of assets. Its core brand is its desktop platform, Lightspeed Trader, which is complemented by its web platform called Lightspeed Web Trader. Lightspeed trading professional#Lightspeed Trading, LLC, Professional Trading Solutions, Inc., and Lime Brokerage, LLC, confirmed the execution of an asset purchase agreement to combine the Lightspeed business within Lime Brokerage, LLC. Lightspeed offers two main trading platforms.
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