In partnership with Nirvana Solutions, Lightspeed Institutional provides infrastructure tools that benefit the small to mid-size hedge fund, a group traditionally underserved by big banks. This technology offering includes portfolio performance reporting, data reconciliation, and accounting.
The ability to monitor and manage risk properly is essential to the long-term success of any firm whether you have just a few traders and a handful of positions or you are a large trading group with thousands of positions. We offer several risk management tools that help managers oversee their positions and risk at all times.
Lightspeed offers state-of-the-art, institutional-level equity and options scanners. These tools help to identify active and potentially mispriced options and equities that might lead to new trading opportunities.
Lightspeed Institutional enables clients to connect to our trading network in order to receive live market data. Lightspeed Gateway’s Market Data System is made up of three distinct sub-components: Multicast feeds, Lightspeed Books, and Prints and Quotes. Multicast feeds allows qualified customers to connect to venues and directly receive the full, raw data from a dedicated port on their own server. Lightspeed Books connects to various splitters and provides a normalized market data feed for individual markets and ECNs. Prints and Quotes delivers a normalized, aggregated Level I and II market data feed.
Lightspeed offers two forms of automated trading solutions – Lightspeed Gateway and the Lightspeed Trader Application Programming Interface (API). The Lightspeed Trader API exposes several libraries within Lightspeed Trader that C++ programmers can use to access Lightspeed Trader’s functionality. Users can create dynamic link libraries (DLLs) that can be started from the Lightspeed Graybox Window to perform these functions. Lightspeed Gateway is a fully automated trading system that offers super low latency to the domestic Equity Exchanges, including the NYSE and the NASDAQ stock market. Lightspeed Gateway is completely platform agnostic and can be used on all major operating systems and programming languages.