New York, NY, August 01, 2013 --(PR.com
)-- Lightspeed Trading, LLC, a leading provider of direct market access trading solutions, and mini prime brokerage services for professional traders and institutions, has formed an exclusive, strategic alliance with True Quote to offer True Quote’s options market data and trading activity scanners to Lightspeed clients.
“Helping our clients identify trade creation opportunities is a value added service that we are excited to introduce and is in keeping with Lightspeed’s tradition of providing our clients with the best and most sophisticated trading tools available,” said Collin Carrico, President, Lightspeed Trading. “True Quote is a market leader in options scanning technology that allows traders to identify unique opportunities that would otherwise remain unseen.” For a limited time, True Quote will be provided at no cost to Lightspeed clients.
True Quote’s trading activity and market data scanner utilizes filtering and pre-defined user criteria to efficiently identify conditions that are critical for traders to generate and implement trading strategies. The system is designed to recognize opportunities and notify the trader once conditions are met. The software links to order entry windows and can automatically facilitate fast and reliable trade execution. “Lightspeed offers True Quote users cutting edge, efficient execution technology, access to a wide variety of order routing venues, competitive commission rates, and excellent customer service,” said Kim Kramer, founding member, True Quote.
True Quote has been fully integrated in Lightspeed’s offering and is currently used by Lightspeed clients. True Quote is exclusively available to new and existing Lightspeed clients. For more information please visit www.lightspeed.com.
About Lightspeed Financial, Inc.
Based in New York City and Chicago, Lightspeed Financial, through its wholly-owned subsidiary, Lightspeed Trading, LLC, operates a fully disclosed introducing broker-dealer and FINRA and NFA member. The Company offers securities and direct access brokerage, trading, and advanced order routing services to their clients utilizing Lightspeed's software products. Lightspeed Institutional is a division of Lightspeed Trading, LLC.