Pre Trade Risk Management

Lightspeed Gateway has been designed and implemented to meet the outlined regulatory criteria contained within Rule 15c3-5, which include all pre-trade risk validation requirements. All account rules have been uniquely coded to minimize latency. These rules monitor risk associated with buying power, buying power factor, maximum order size, maximum position size, P&L loss thresholds, short checking, odd lot allowances / restrictions and settings to reject all incoming orders. Lightspeed Gateway prides itself on being brutally efficient. All risk and compliance checks are made prior to sending data to market without incurring any measurable latency. It is Lightspeed Gateway’s efficiency that allows these services to be provided with no significant impact on performance. Lightspeed Gateway demonstrates that pre-trade risk controls can be implemented without compromising the strategies of even the most latency-sensitive traders, while still complying with the requirements of Rule 15c3-5.