Lightspeed Financial Launches Black Box Software Development KitSignificantly Reduces Development Time, Cost to Deploy Black Box Trading Strategies NEW YORK, July 20, 2010 – Lightspeed Financial, Inc, a leading provider of direct market access trading technology, risk management solutions, and brokerage services for professional retail active traders and institutional investors, today unveiled its Black Box Software Development Kit (SDK) for algorithmic traders. “We are continually enhancing the brokerage services and technology infrastructure offered through Lightspeed Gateway, the cornerstone of our automated trading business, making it easier, faster, and more efficient for clients to implement their trading strategies,” said Andrew Actman, chief strategy officer, Lightspeed Financial, Inc. “Lightspeed’s Black Box SDK provides clients with a fully functional black box trading system, eliminating the need for them to be burdened with the complex and time-consuming tasks of developing, programming and managing their own black box. Now, algorithmic traders can focus solely on developing and implementing their trading strategies – Lightspeed’s Black Box SDK will handle the rest.” Lightspeed’s Black Box SDK delivers ultra low-latency real-time process control architecture for algorithmic trading of U.S. equities and enables customers to automate strategies simply through implementing existing trading strategy software. Additional features include:
Scott Ignall, chief technology officer, Lightspeed Financial, Inc., added, “Algorithmic traders come to Lightspeed because of our leading ultra-low latency infrastructure, unrivaled speed and scalability and support that they require to maintain a competitive edge in the high frequency trading arena. Lightspeed’s Black Box SDK builds on this expertise to essentially provide an automated plug-and-play solution for even the most sophisticated traders.” The Black Box SDK is available to new and existing Lighstpeed customers. For more information, visit www.lightspeed.com. About Lightspeed Financial, Inc. 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, Inc. © 2010 Lightspeed Financial, Inc. All rights reserved. Press Contact:
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