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7/13/2009

LIGHTSPEED ADDS FOREX TO SUITE OF PRODUCTS TRADEABLE BY CLIENTS

Lightspeed Offer Now Boasts Direct and Immediate Access to Equities, Options, Futures and FX Markets

NEW YORK, July 13, 2009 — Lightspeed Financial, LLC, a leading provider of direct market access trading technology, risk management solutions, and brokerage services for professional retail active traders and institutional investors, today announced the launch of Lightspeed Forex, its new foreign exchange trading solution that will enable Lightspeed clients to participate in the international forex market as they increasingly look to diversify trading and expand their existing trading strategies across a broader spectrum of asset classes.

Using FX technology developed by GAIN Capital, a global provider of online foreign exchange services, Lightspeed clients can benefit from a completely customizable, downloadable software-based trading interface with a sophisticated order management system, lightning-fast market data, and advanced charting functionality. This can enable Lightspeed clients to quickly identify and capitalize on emerging trends across 37 currency pairs including the U.S. Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar.

Stephen Ehrlich, CEO, Lightspeed Financial, said, “Our philosophy has long been to offer clients access to products and services when they want them, not when we think they are ready for them. As the dynamics of the U.S. capital markets have significantly changed over the past several months, traders have begun requesting alternatives including a best in breed foreign exchange offer to diversify their existing trading strategies and expose them to new trading opportunities.”

Key Features of Lightspeed Forex include:

  • Option to choose from pre-defined layouts or manually create and save custom layouts
  • Accepts trade signals from third party charting applications and algorithmic “black box” systems
  • Supports fully automated trade execution with robust monitoring tools
  • Streaming ticker of major market indices
  • Ability to manage open orders and positions directly from the charts
  • Set limits and stop loss levels by rate, pips or dollar P&L
  • Audible trade alerts and confirms
  • Compatible with Windows Vista™

Ehrlich said, “The addition of this important asset class coupled with the speed of market data and execution we deliver as well as our Lightspeed Education offer, which provides clients access to a host of trading tools and third party educational resources, are key differentiators that make Lightspeed the only choice for serious professional traders and institutional investors.”

Lightspeed clients can also participate in forex-focused discussion groups within Lightspeed Spotlight, Lightspeed’s popular online social community that is exclusive to Lightspeed clients.

New and existing Lightspeed clients can download a free trial of Lightspeed Forex at http://www.lightspeed.com/FOREX-TRADING-973.ls

About Lightspeed Financial, LLC
Headquartered in New York City, Lightspeed Financial operates through three wholly-owned subsidiaries:

Lightspeed Trading, LLC operates as a fully disclosed introducing broker-dealer and FINRA and NFA member. The Company offers securities and direct access brokerage, trading and advanced order routing services to their clients utilizing Lightspeed’s software products.

Lightspeed Technologies, LLC serves as the Company’s technology development subsidiary. Lightspeed develops and operates Lightspeed Trader, Lightspeed’s Direct Market Access trading software application; Lightspeed Gateway, Lightspeed algorithmic trading offering; Lightspeed Risk, a real-time risk management application; and Lightspeed Admin, Middle Office Technology suite. Utilizing a number of proprietary technologies, Lightspeed offers these products and more to broker-dealers, institutional entities and professional traders.

Lightspeed Education, LLC delivers educational products to the Lightspeed Trading, LLC customer community. These products include third party educational tools, webinars and the Lightspeed Spotlight social community. www.lightspeed.com

Lightspeed Financial, Lightspeed Technologies, Lightspeed Trading, Lightspeed Education and the Lightspeed logo are trademarks or registered trademarks of Lightspeed Financial, LLC

© 2009 Lightspeed Financial LLC. All rights reserved.

Press Contact:
Mike Boccio
Sloane & Company
(212) 446-1867
mboccio@sloanepr.com

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