New York, NY -- (SBWIRE) -- 10/25/2016 -- Lightspeed Trading, LLC, the elite, fully-disclosed broker-dealer based in New York City and Chicago, has just become an initial member of the prominent trading venue, Investors Exchange (IEX). IEX is a newly formed stock exchange entity that claims to eliminate any aspects that would allow high-frequency traders to have the upper hand over other investors. Through the membership, Lightspeed Trading, LLC is able to trade on the floor of the IEX on behalf of their clients.
Lightspeed Trading, LLC was accepted as a member of the IEX after they applied and met all of the requirements and qualifications set forth by the authorities of the market. With IEX quickly gaining momentum with traders, the online broker-dealer is pleased to be signed on and aims to provide their customers with a positive, equal-opportunity trading experience.
IEX was established on the premise that the market should be made fair between traders and investors. Despite controversy and a yearlong struggle for approval from the SEC, IEX finally became a public stock exchange a few months ago. The stock exchange puts into motion an alternative to the current market structure by slowing down the trading process, unlike other exchanges.
All trades conducted at IEX must go through hardware that inserts a tiny delay to create a "speed bump," which stymies some of the strategies that some claim high-speed traders use to put themselves at an advantage. IEX is the country's 13th public exchange and handles approximately 1.5% of total stock trades, with the ability to host initial public offerings.
Lightspeed Trading, LLC offers low-cost trading services for all levels of traders. For more information about their services or to open up an account with them, go to https://www.lightspeed.com.
About Lightspeed Trading, LLC
A subsidiary of Professional Trading Solutions, Inc - Lightspeed Trading, LLC, is a FINRA and NFA member and a fully disclosed introducing broker-dealer based in New York City and Chicago. The Company offers securities and direct access brokerage, trading and advanced order routing services to their clients utilizing Lightspeed's software. Lightspeed Institutional is a division of Lightspeed Trading, LLC.
For more information about Lightspeed Trading, LLC, go to https://www.lightspeed.com.