Chris Herndon, NY Sales Director, OptionsCity
"The combined services of OptionsCity and LST will allow traders to focus on trading and managing risk rather than technology access."
OptionsCity Software, a provider of end-to-end electronic trading platforms, has now integrated with Lightspeed Trading, LLC (LST), a New York-based introducing broker.
The incorporation of OptionsCity and LST aims to provide a solution for equity and options traders to access the marketplace more efficiently. OptionsCity's options trading platform, Metro, will now integrate with LST's proprietary technology environment enabling traders to create and execute complex trading strategies across many markets.
"We are pleased to combine offerings with a software vendor so highly regarded as OptionsCity," remarked Collin Carrico, Managing Director of Lightspeed Financial, Inc, the parent company to LST. "This integration is a necessary next step in our strategic growth plan aimed at delivering the most complete brokerage services across asset classes to professional traders."
"With the derivatives market confronting more execution destinations, regulatory requirements and industry changes, technology is becoming a key differentiator for traders. The combined services of OptionsCity and LST will allow traders to focus on trading and managing risk rather than technology access," said Chris Herndon, NY Sales Director of OptionsCity.