Lightspeed to provide prime brokerage 17 October 2011New York Reporter: Anna Reitman
Image: Shutterstock
Lightspeed Financial has announced its expansion into prime brokerage with the launch of Lightspeed Institutional, which will offer a specialised prime brokerage platform for professional investors.
In addition to front-end manual and automated trading solutions, it provides a sales trading desk for execution services, technology solutions, custody, clearing, securities lending, and portfolio reporting. Lightspeed Institutional also delivers robust pre-trade risk management and real-time risk monitoring.
Stephen Ehrlich, CEO at Lightspeed Financial, says, “The launch of our prime brokerage business is a necessary next step in our strategic growth plan aimed at delivering the most complete and customisable suite of trading technology and brokerage services across asset classes to professional traders.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities Finance Times