Lightspeed Readies European Business


Low-latency execution brokerage Lightspeed Financial expects to begin trading in its European business unit during the first quarter of 2012, senior firm officials tell Sell-Side Technology. Lightspeed recently acquired Lime Brokerage International, the international business unit of Lime Brokerage, for an undisclosed sum.

During the initial phase, European clients will be able to direct trading to the US markets where Lightspeed is permitted to trade. In a second phase, at the end of 2012 or

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