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Lightspeed Holdings Reports Monthly Activity for August 2007.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Lightspeed Holdings reported the following business metrics and daily trading results for the month of August. The data includes both black box and manual trades executed through its broker-dealers, Lightspeed Professional Trading, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 and Lightspeed Trading, LLC:

* 200,000 Daily Average Revenue Trades (DARTs)

* 37.1 million total client shares traded per day

* $277.9 million total client assets at August 31, 2007

For July, the Company reported 140,000 DARTs and 27.4 million total client shares traded per day. Additionally, client assets totalled $274.2 million at July 31, 2007.

About Lightspeed Holdings

Headquartered in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, Lightspeed Holdings operates through two wholly-owned subsidiaries:

Lightspeed Technologies, LLC serves as the Company's technology development subsidiary. Lightspeed develops and operates the Lightspeed Direct Market Access trading software application, the Lightsource real-time risk management application and the Middle Office Technology suite. Utilizing a number of proprietary technologies, Lightspeed offers real-time market data platforms and direct-access trading systems The introduction to this article provides insufficient context for those unfamiliar with the subject matter.
Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page.
 to broker-dealers, institutional entities and professional traders.

Lightspeed Professional Trading, LLC operates as a fully disclosed introducing broker-dealer and FINRA FINRA Financial Industry Regulatory Authority (formerly Securities Industry Regulatory Authority)  and NFA NFA - Finite State Machine  member. Lightspeed Professional Trading offers securities and direct access brokerage, trading and advanced order routing services to its customers utilizing Lightspeed's software products.

Lightspeed Trading, LLC operates as a fully disclosed introducing broker-dealer and FINRA and NFA member. Lightspeed Trading offers securities and direct access brokerage, trading and advanced order routing services to its customers.
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Publication:Business Wire
Date:Sep 12, 2007
Words:236
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