Lightspeed Financial, LLC, a leading provider of direct market access trading technology, risk management solutions, and brokerage services for professional retail active traders and institutional investors, has launched Lightspeed Forex, its new foreign exchange trading solution that will enable Lightspeed clients to participate in the international forex market as they increasingly look to diversify trading and expand their existing trading strategies across a broader spectrum of asset classes.
Using FX technology developed by GAIN Capital, a global provider of online foreign exchange services, Lightspeed clients can benefit from a completely customisable, downloadable software-based trading interface with a sophisticated order management system, lightning-fast market data, and advanced charting functionality. This can enable Lightspeed clients to quickly identify and capitalise on emerging trends across 37 currency pairs including the U.S. Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar.
Stephen Ehrlich, CEO, Lightspeed Financial, said, "Our philosophy has long been to offer clients access to products and services when they want them, not when we think they are ready for them. As the dynamics of the U.S. capital markets have significantly changed over the past several months, traders have begun requesting alternatives including a best in breed foreign exchange offer to diversify their existing trading strategies and expose them to new trading opportunities."
Key Features of Lightspeed Forex include:
Option to choose from pre-defined layouts or manually create and save custom layouts
Accepts trade signals from third party charting applications and algorithmic "black box" systems
Supports fully automated trade execution with robust monitoring tools
Streaming ticker of major market indices
Ability to manage open orders and positions directly from the charts
Set limits and stop loss levels by rate, pips or dollar P&L
Audible trade alerts and confirms
Compatible with Windows VistaTM
Ehrlich said, "The addition of this important asset class coupled with the speed of market data and execution we deliver as well as our Lightspeed Education offer, which provides clients access to a host of trading tools and third party educational resources, are key differentiators that make Lightspeed the only choice for serious professional traders and institutional investors."
