Lightspeed trading software#
Lightspeed trading professional#

Routing fees (if you don’t use the LSPT routing) Minimum monthly commission for accounts under $15,000 (waived if you meet the $25 threshold with trading fees) Stocks and ETFs per share for active trader accounts.Stocks and ETFs per share for standard accounts.From $2.50 to $4.50, depending on the number of trades.Stocks and ETFs per trade for active trader accounts.Stocks and ETFs per trade for standard accounts.Important: If you qualify for a volume discount, call 88 or send an email to to join the active trader commission group.

For example, you start with a $0.0045 fee per share with a $1 minimum, but you can lower this to $0.002 per share if you trade more than a million per month. If your trading volume is in the millions of shares each month, you can join the active trader group and get discounts on your trading. Its trading fees come close to what you’d pay with some brokers, such as Interactive Brokers, but it’s a far cry from fee-free brokers. Lightspeed isn’t the cheapest trading platform. If you’re managing other people’s money, you can use trade allocations and get multi-account access.

Lightspeed trading professional#

The Eze EMS platform is used by hedge funds, registered investment advisors and professional traders. Depending on the platform, you can see the price where the bulk of the orders are waiting to be executed, giving you insight beyond any price chart. Also, use the Application Programming Interface (API) to convert your trading style into an algorithmic strategy and execute up to 1,500 orders per minute. Customize hotkeys for trade execution and routing options. Some of these venues offer rebates when you add liquidity through them, that is, when you sell shares to the market at a certain price. Lightspeed offers around 25 routing venues, such as NASDAQ, ARCA, BATS, IEX and more. You trade directly on the market, often resulting in a better execution speed and at a better price. But you get discounts for trading high volumes. Trading stocks and options with Lightspeed comes with high fees. Lightspeed is best for active and professional traders who trade stocks in monthly volumes of one million and more. Mutual funds, bonds, currencies and zero-commission ETFs aren’t available. Lightspeed offers a separate platform for trading futures.

You can only trade stocks, ETFs, options and futures. Despite targeting active and expert traders, Lightspeed offers a limited selection of financial instruments. For more information, please visit the company’s website at. The organization strives to provide pertinent resources, tools, and education for successful self-directed investing. A Michigan based company founded in 2009, Reink Media Group owns and operates multiple finance based websites. , an industry-leading source for online brokers, is wholly owned by Reink Media Group. Lightspeed Institutional is a division of Lightspeed Trading, LLC.

Lightspeed trading software#

The Company offers securities and direct access brokerage, trading and advanced order routing services to their clients utilizing Lightspeed’s software products. “We continue to focus on providing a stable and speedy trading platform with competitive rates and research tools to enhance our traders experience.”įor more information on Lightspeed Trading or the Lightspeed Trader platform, please visit About Lightspeed Trading, LLCĪ subsidiary of Professional Trading Solutions, Inc - Lightspeed Trading, LLC, is a FINRA and NFA member and a fully disclosed introducing broker-dealer based in New York City and Chicago. 'We are honored that for seven years in a row now, has acknowledged the important role Lightspeed plays for active traders,” said Kevin Ott, Co-President of Lightspeed Trading. once again cited the outstanding speed and fast order execution of the Lightspeed Trader platform as well as the highly competitive commission rates enjoyed by customers. Lightspeed has proven over the years to be a consistent winner for those “active and hyperactive traders” where volume is the name of the game. Measuring 308 variables across 10 categories, provides one of the most rigorous benchmarks in the online brokerage space aimed at helping traders find the right fit for their brokerage needs. NEW YORK-( BUSINESS WIRE)- Lightspeed Trading is pleased to announce that for the seventh year in a row it has been ranked Best in Class for Active Trading in the 2017 Online Broker Review by and also finished Best in Class with 4 stars for Order Execution.