Jeffrey Wecker Departs Lime Brokerage

Lime Brokerage LLC, an agency brokerage firm that provides high frequency and automated traders with access to markets and low-latency infrastructure, said that Jeffrey Wecker, president and chief executive office, has left the company to pursue other interests. Wecker’s departure occurred on Monday, Oct. 4th, according to a company spokesman.

Alistair Brown, the co-founder and chairman of Lime has reassumed the CEO role that he held prior to Wecker’s appointment in November of 2008. Brown will also retain the role of chairman.

“It remains business as usual at Lime Brokerage which is committed to providing its clients with the highest levels of technology and service,” the company said in a statement.

Prior to joining Lime in November of 2008, Wecker previously was CEO of Townsend Analytics Inc., a subsidiary of Lehman Brothers Holdings Inc., which provides an execution management system to asset managers. Recently, Lime began rolling out a high-speed trading platform for U.S. options. Earlier, Lime had rolled out a real-time data feed representing all of the U.S. options exchanges. The firm also provides algorithms to buy-side clients, including mutual funds and hedge funds.

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio