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." Many of the cars they handled went to the grey market. "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. was a smaller dealer and broker for Ferraris in northern Italy. 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. This is waived if you pay more than 130 in commission fees per month. In most cases, that means that the costs are a bit higher than with Interactive Brokers.
#Lightspeed broker plus
A Lightspeed account is required to access the mobile app. The commission entry-level at Lightspeed Trading is at 0.0045 per share plus exchange fees if you stay under 249.000 shares per month. Monitor the markets, trade stocks, options, and ETFs with ease. Past acquisitions include retail trading firms Schonfeld & Company, LLC, and Integrity Trading Inc. Through Lightspeed Trader, their desktop platform, you can customize your own orders and even access automated trading tools for your orders, but it comes with a monthly cost of 130. Lightspeed Mobile is the perfect complement to your Lightspeed Web account. "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.
#Lightspeed broker professional
"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 Lightspeed Trader platform is designed for professional and sophisticated traders.
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