CLEARING SERVICES

Lime is an Introducing Broker to Wedbush, has a clearing relationship with ABN, and offers DVP, QSR, and Correspondent Clearing as well.

LIME TRADING GATEWAY

Lime provides clients access to all major U.S. options and equities lit market centers, 15+ of the major Equity dark pools. The Lime Gateway is designed to meet the requirements of the SEC 15c3-5 Market Access Rule and can visually be described as showed in the image below. Lime’s Trading Server is optimized for both performance and throughput. The platform scales horizontally enabling it to handle virtually any order flow.

The risk checks are performed in line and it is a pure software solution. The Lime Trading Gateway integrates quickly and easy through normalized and optimized C++, JAVA APIs or via FIX.

LIME SMART ROUTER

Lime’s algorithms allow clients to intelligently route and execute orders for price and speed to market.

A smart order router is an essential trading technology at any brokerage firm. Lime’s offering competes with the best products available by providing access to multiple markets, fast execution, customizable settings, and execution reporting.

A flavor of smart order router developed in-house

Highly customizable using multi-phase strategy

Sequential or parallel access to all lit, inverted, and dark markets

Selectable aggression settings and order options (e.g. limit max display quantity)

BENCHMARKS ALGORITHMS

Lime offers algorithms which provides performance and flexibility to traders needing to execute large orders. These algorithms are readily customized and tuned against lime’s extensive historical tick data. Leveraging the Lime Smart router and lime data, they benefit from Lime’s market access and ultra-low-latency order and direct feed handling technologies.

Featured Equities & Benchmark Strategies

VOLUME WEIGHTED AVERAGE PRICE (VWAP)

Minimize the slippage against the volume weighted average price over the course of the order.

TIME WEIGHTED AVERAGE PRICE (TWAP)

Executes desired quantity at a constant rate over a user-defined interval.

PERCENTAGE OF VOLUME (POV)

Tracks and reacts to real-time market volumes to target a user-defined participation rate.

Smart Order Algorithms

LIME SMART ROUTER

Aggressive liquidity seeking algorithm that optimizes speed to interact with displayed and non-displayed markets.

DARK SWEEPER

Dark Sweeping algorithm that optimizes sourcing dark liquidity while lowering transaction costs.

COST EFFECTIVE

Aggressive liquidity seeking algorithm with objective to lower transaction costs on displayed and non-displayed markets.

NEUTRAL

Neutral to aggressive algorithm with objective not to pay full spread on available liquidity.

HIDDEN

Accesses liquidity for all venues supporting invisible or hidden order types.