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Jun 29 2016
Despite Market Volatility, Lime Brokerage Announces Record Day in Trade Execution

Lime Brokerage (“Lime”), a Wedbush Company, experienced its largest volume day since the 2008 financial crisis this past Friday, June 24th , executing several hundred million shares, accounting for approximately 2.50% market share for all US equities. Despite the extreme volatility in the market resulting from the United Kingdom’s announcement of its exit from the European Union and the annual Russell rebalance, Lime Brokerage was wellprepared to handle such uncertainty as its technology functioned at a steadfast and superior level. The platform remained robust and efficient, while maintaining seamless performance in a period that resulted in extensive interruption of service for some major dark pools due to the heavy market turbulence. Lime’s ability to meet and exceed the expectations of its valued clients, continues to demonstrate its staunch dedication to strong and reliable systems, regardless of the market environment. In closing out the week and through the continuing reverberations early this week, Lime Brokerage continued to operate with an unmatched level of service, support, and speed.

Tony Huck, President and COO of Lime Brokerage, states, “I am incredibly proud of our team at Lime Brokerage, as we continue to perform at the highest level in demonstrating Lime’s resiliency and strength as a top technology provider. Friday’s record numbers further illustrate our commitment to provide unparalleled service and advanced efficiency to our clients, as we continue to emphasize our exceptional level of reliability and speed.”

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