Active traders are provided with a closer look at the stock and options trading software.
In a monthly webinar, VP of Business Development, Rob Livson, gave viewers an inside look at the Lightspeed Trader platform to trade equities and options on the U.S. market. The Lightspeed Trader platform is best for active and professional traders as well as hedge funds and institutions who require access to watchlists, hot key order entry, and fully customizable order routes.
Here is a recap of the main points from the trading webinar:
During this trading webinar, it was discussed how speed on the platform can be accomplished in a number of ways when trading. This can be done through the use of customized buttons, hot keys, and turning off confirmation windows. Active traders using the stock and options trading software are able to buy, sell, and cancel orders with the click of a button and eliminating multiple steps that other traders may use. The Lightspeed Trader platform continues to deliver fast real-time quotes and executions.
The Lightspeed Trader platform offers its clients some of the lowest trading fees in the industry, whether trading options or equities. Clients who meet monthly trading volume thresholds may qualify for the active trader commission group and can benefit from deeply discounted trading commissions. While the standard fee is already low at $0.60 per contract, active traders who trade more than 500 contracts per month will qualify for even lower rates. Those who trade in excess of 100,00 contracts per month will pay $0.20 per contract. In addition, Lightspeed offers a promotion for new customers who utilize any of the trading platforms. If a new account is opened, Lightspeed will rebate 50% of a traders equity and options commissions for the first three months up to $10,000 cash back.
The Lightspeed Trader platform can be customized in a variety of ways. During this trading webinar, viewers were walked through how to customize their layout, charts, hot keys and hot buttons. The trading platform also offers a predefined list of hot buttons that can be added to a user’s layout. These can be accessed by going to the settings gear within the hot buttons window, clicking the windows tab, and selecting hot buttons from the drop-down menu within the window. If a hot button is not available within the predefined list, customized hot buttons can be created. When trading on the platform, if these are used, traders have the ability to override the order entry window. Different routes and order types can be configured as a hot button, by selecting the specific order and adding it to the hot button window. If confirmations are not present, then an immediate change is made. This speed and efficiency can be accomplished through trader customization based upon their preferences on the platform. If additional assistance is needed, traders can reach out to a sales representative or visit the Lightspeed Trader trading tutorials on the website.
You can view the entire webinar below:
Lightspeed provides day traders with all the tools required to help them find success in stock trading, and we have been developing and honing our active trader platform to offer the best possible user experience in the marketplace. With the intuitive interface layouts and institutional quality stock and option scanners, we aim to help traders reach their goals, no matter what their strategy is.
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