From novice to the most advanced trader, our clients all receive risk management tools, low commission rates, and superior customer service. Prior to starting your paperwork, please be sure to determine your status as a Professional or Non-Professional Trader. Lightspeed offers many different types of account structures, each of which can meet the specific needs of your institution. Lightspeed is an introducing broker to Merrill Lynch Professional Clearing, and Wedbush Clearing and Execution.
According to Regulation T, you may borrow up to 50% of the purchase price of securities that can be purchased on margin. This is known as the initial margin.
SEC-approved portfolio margining rules, allow margin requirements to more accurately reflect the actual risk of the entire portfolio in a specific brokerage account. This means that qualified customers may increase their leverage beyond the 4 to 1 intraday or 2 to 1 overnight margin available in a standard margin account.
Lightspeed provides separately managed accounts for clients who require a customized solution to meet specific investment needs.
Delivery versus Payment, or Receipt versus Payment. Lightspeed offers a range of DVP services.
An agreement by which an investor may enter derivative trades with a limited number of different brokers and later consolidate these trades with one brokerage house for clearing.