Wall Street & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


09:42 AM
Connect Directly

Lightspeed Financial Acquires NobleTrading

Lightspeed Financial, a provider of direct market access (DMA) trading technology, risk management solutions and brokerage services, has acquired NobleTrading.

Stephen Ehrlich, Chief Executive Officer of Lightspeed Financial, said in a statement, “We remain committed to aggressively pursuing strategic growth opportunities to increase our footprint in the market, further position the firm as the industry consolidator of choice, and solidify Lightspeed as the only destination for sophisticated active and semi-active traders.”

He added, “Our acquisition of NobleTrading is an important step forward as we continue to grow our business and target a broader segment of individual traders through an expanding product offering centered on client service and education.”

NobleTrading has about 1,600 clients that it provides with DMA trading services across equities, options, futures and forex. The firm is a registered broker-dealer, member of FINRA, SIPC and the NFA, and has a clearing relationship with Penson Financial Services.

Register for Wall Street & Technology Newsletters
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.