03.01.2012

Wedbush Finds A Solution

03.01.2012

There are multiple solutions for trade execution available to firms big and small. Many shops offer their own unique take on execution as a way of attracting business. For Wedbush Securities, the company has a unique advantage: Lime Brokerage.

Wedbush acquired Lime in June of 2011 for an undisclosed sum. The firm has always been focused on technology and offers some of the lowest-latency execution and trading services in the business, including a round-trip time of 250 nanoseconds.

Leveraging Lime’s infrastructure, solutions and network, Wedbush has created the Execution Solutions Group to offer its customers critical execution and enhanced pricing. The move brings fixed-cost pricing and lower commissions to customers operating within a tight budget.

“We believe our new pricing models along with our ultra-low latency execution infrastructure provides the buy-side community the same technology advantages as automated traders while potentially creating huge cost savings,” Kevin Beadles, managing director of Wedbush Execution Solutions Group, told Markets Media.

It's been a month since we had our Women In Finance Awards in New York City at the Plaza! Take a look back tab some moments, and nominate for our upcoming awards in Mexico City and Singapore here: https://www.marketsmedia.com/category/events/

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Citadel Securities told the SEC that trading tokenized equities should remain under existing market rules, a position that drew responses from various crypto industry groups. @ShannyBasar for @MarketsMedia:

SEC Commissioner Mark Uyeda argued that private assets belong in retirement plans, saying diversified alts can improve risk-adjusted returns and that the answer to optimal exposure “is not zero.” @ShannyBasar reporting for @MarketsMedia:

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