Lime Brokerage and Marketcetera form partnership

Source: Lime Brokerage

Lime Brokerage and Marketcetera today announced a solution that enables professional traders, hedge funds, asset managers and broker-dealers to create and implement new trading strategies faster than traditional proprietary trading solutions.

Lime Brokerage will offer the Marketcetera Automated Trading Platform with its existing high-throughput, low-latency solutions.

Designed for rapid deployment and low-latency processing, Marketcetera's Automated Trading Platform offers a fully integrated approach across the entire trading cycle, integrating market data for price discovery, automated analysis and trade execution using a client's proprietary black-box trading logic.

"There is a tremendous wave of innovation and creation on Wall Street right now," said Graham Miller, co-founder and CEO of Marketcetera. "As the evolution of equities trading undergoes this transformation, we're seeing seasoned veterans opening up new shops. They don't want to use the same limiting technologies that are slow to move and beyond their budget; they need to leverage faster, open trading solutions to move with the ebb and flow of the market."

The structure of Wall Street is quickly changing as traditional exchanges now compete with multiple specialized liquidity venues. In order to plug into the wide sources of liquidity, equity traders require highly scalable technology solutions that can support high-frequency trades at all venues. Lime Brokerage's robust and advanced solutions offer customers added choice and flexibility when executing equities transactions on multiple exchanges, ECNs and trading venues.

"Lime Brokerage's customers have some of the most demanding requirements for low-latency, high throughput and reliable performance," said Deborah Mittelman, Director of Product - US Equities, at Lime Brokerage. "Marketcetera's open source platform provides a solution our customers can control and shape to suit their complex event processing needs."

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