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Lightspeed Rated a “Best for Frequent Traders” by Barron’s for Fourth Consecutive Year

2013-03-13 11:48
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Earns 4.5 out of 5.0 ‘stars’ in segment of Barron’s ‘2013 Online Broker Survey’ focused specifically on active traders

Named one of the most cost-efficient destinations for frequent, occasional traders for the second consecutive year

Barron’s: “With its focus on speed, stability, service and price, Lightspeed has attracted frequent traders who want to customize their experience and choose how an order is routed...Given the tools, speed, and pricing model this is a good home for an active trader”

NEW YORK--(BUSINESS WIRE)--Lightspeed Financial, Inc., a leading provider of low latency direct market access trading technology, risk management solutions, and brokerage services for retail traders and institutions, today announced that for the fourth consecutive year it earned a “Best for Frequent Traders” rating from Barron’s in its ‘2013 Best Online Brokers Survey’ featured in the March 11 issue. Lightspeed was also recognized as one of the lowest cost brokers for both frequent traders (ranked 3rd of 24 brokers) and occasional traders (ranked 4th of 24 brokers) for the second consecutive year.

Stephen Ehrlich, CEO, Lightspeed Financial, Inc., said, “We take great pride in consistently delivering superior products and services to active traders while, at the same time, keeping commissions at the most competitive levels in the industry. Lightspeed’s trading platform is engineered to seamlessly facilitate trading across equities, options and futures with unmatched speed, stability and reliability even in the most volatile market conditions. When integrated with streaming market data, comprehensive research and educational tools, and customer service that is second-to-none, we have an offering that no active trader can afford to do without.”

Lightspeed also earned high marks from Barron’s across a number of other categories that are important to active traders including “Trading Experience & Technology,” “Research Amenities,” “Customers Service and Education,” and “Costs.”

Ehrlich continued, “Lightspeed is honored to receive such accolades from Barron’s, one of the industry’s most respected financial publications. This seal of approval highlights the reasons why active traders choose to trade with us and, importantly, why they stay with us.”

Barron’s notes:

“With its focus on speed, stability, service and price, Lightspeed has attracted frequent traders who want to customize their experience and choose how an order is routed…Given the tools, speed, and pricing model this is a good home for an active trader.”

Barron’s also acknowledged Lightspeed’s complex options capabilities, web-based educational seminars, and its recently announced partnership with Chronos Technologies to offer the Iris Pairs Trading Software to Lightspeed clients.

For more information on Lightspeed please visit www.lightspeed.com.

About Lightspeed Financial, Inc.

Lightspeed Financial operates through three wholly-owned subsidiaries: Lightspeed Trading, LLC, a fully disclosed introducing broker-dealer and FINRA and NFA member; Lightspeed Technologies, LLC, the Company's technology development subsidiary; and Lightspeed Education, LLC, which delivers educational products to clients.

Lightspeed Financial, Lightspeed Technologies, Lightspeed Trading, Lightspeed Education and the Lightspeed logo registered trademarks of Lightspeed Financial, Inc.

Contacts

For Lightspeed Financial, Inc.
Sara Sefcovic, 212-446-1886
ssefcovic@sloanepr.com