Lime Brokerage introduces options data offering From Cboe

Source: Lime Brokerage

Lime Brokerage, an independent high-volume agency broker and leading provider of high-throughput, low-latency technologies to the professional trading community, has completed the first customer roll-out of a high-speed options data feed, known as Real Time Data, from the Chicago Board Options Exchange (CBOE), the largest U.S. options exchange and creator of listed options.

Built upon the market leading, patent-pending technology that Lime has developed for the U.S. equities markets and its ultra-low latency CitriusTM options data platform released in 2009, the joint offering is the first to provide non-CBOE members and sponsored members with a real-time, low-latency alternative to the consolidated feed available from OPRA (Options Price Reporting Authority). Options traders are now able to access real-time BBO (Best Bid/Best Offer) options data directly from the CBOE.

Lime already has several clients accessing the CBOE feed and is in the process of rolling out additional options data and trading offerings over the next several weeks. Currently, Lime provides data from all eight U.S. equity options exchanges, as well as from OPRA's consolidated feed.

Lime's data offerings have set the industry standard for low latency, high throughput and availability. They connect directly to the sources, optimize connections and provide superior flexibility for integration into client systems. Clients can access data via Lime's proprietary portal or can co-locate servers at Lime's data centers for the lowest latency available.

"As the marketplace continues to evolve, there will be increasing demand within the industry for options exchanges to deliver faster data to all market participants, helping to level the playing field," states Jeff Wecker, President and CEO of Lime Brokerage.

"We're happy to be working with the CBOE, the cornerstone of the U.S. options markets, to broaden its customer base for high speed data beyond its membership," Wecker adds.

"We are extremely pleased that a technology innovator like Lime Brokerage is helping us to begin reaching out to a new group of customers with our Real Time Data product," said Tom Knorring, CBOE Vice President, Trading Operations.

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