Lightning fast trading platform is surely what they endeavour, but that’s only the starting bit with Lightspeed Trading. Lightspeed Financial Inc is a leader in strategic acquisitions, although their core focus remains on organic growth avenues. This pioneering player in DMA trading business has successfully acquired Schonfeld & Company, Noble Trading and Integrity Trading along with Terra Nova Financial being the third in a row for the year 2010. Apart from these buyouts, they have done remarkably well by taking over lifetime licence to Anvil trading software from Assent LLC. All these achievements, in such short span, clearly reflect the strength of their business and intense perseverance of promoters to take it to a new pinnacle.
Lightspeed has a very well diversified client base ranging from huge black box firms, large hedge funds and trading groups to active retail traders. Recent acquisitions further strengthen their ability to deliver on expectations of their valued clients with seamless trading platform and support services. Even the managements of acquired businesses have appreciated Lightspeed for their ways of doing business and their product offerings. Lightspeed expects their client base to reach staggering 7,500 in 2010, mainly due to Anvil software licensing. Their ability to offer personalised brokerage services to their diverse client base along with high-end technological services makes them the most prized partner to a gradually expanding client base.
Lightspeed is keen on growing its technologies business, so as to equip clients with industry competitive products and further improve efficiency of existing showcase including Lightspeed Trader, DMA trading application, Lightspeed Gateway, risk management application, algorithmic trading solution and their middle office suite. They have a separate subsidiary Lightspeed Technologies, LLC for monitoring and updating existing services and introducing new innovations.
Lightspeed is emerging at a robust pace with an aim to be the undisputed leader in the active and professional trader market. The Terra Nova acquisition will obviously add significantly to Lightspeed’s profitability moving forwards, also it will improve their servicing skills under joint effort to help customers. Together they make a better fit for developing support services and providing stable trading platform for traders to benefit, and all this at a competitive pricing. With Industry Consolidation being their vision for growth and profitability, offering superior trading tools and low cost brokerage services to active traders remains their core business. Acquisition of Noble Trading has improved their position in trading arena as they added about 1,600 clients in the process. After all these achievements what’s wrong in it if the management proudly says that ‘we are industry consolidators by choice’.
Lightspeed.com offers highly reliable online trading services for direct dealing in equities, futures, options and FOREX, at exceptionally low rates, without any slippage between display price and the executing rate. However, they do not deal in financial advisory, so investors and traders must be prepared to stay self-directive in making trade decisions.
Anyhow, sophisticated traders can utilize helpful resources at website’s Knowledge Centre, which has a wide range of articles on trading and investing. To sum-up, Lightspeed is redefining trading business with revolutionary trading technology and deliberately low brokerage rates.
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