Lime Financial Company

　　

Lime Financial Company: A Comprehensive Overview

　　

1. Company Overview

　　

Founding Date and Background

　　Lime Financial, also known as Lime Trading Corp., was founded in 2000 by a group of hedge fund traders who were dissatisfied with the existing brokerage options available to them. They aimed to create a brokerage firm that could meet their high demands for speed, volume, and privacy in trading.

　　

Parent Company/Ownership Structure

　　Lime Financial operates as an independent brokerage firm. In 2022, it rebranded from Score Priority to unify its range of trading products and solutions, following the acquisition of Lime's low-latency execution platform from Lightspeed Financial Services in 2020.

　　

Headquarters Location

　　The company is headquartered in New York, New York, United States.

　　

Global Business Scope

　　Lime Financial primarily serves independent traders, including retail, professional, and institutional clients. While its main operations are based in the U.S., it accepts clients from various countries, excluding those in restricted regions.

　　

Main Regulatory Bodies

　　Lime Financial is regulated by several key bodies, including:

• U.S. Commodity Futures Trading Commission (CFTC)
• Financial Industry Regulatory Authority (FINRA)
• National Futures Association (NFA)
• Securities Investor Protection Corporation (SIPC)

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2. Company History and Development

　　

Key Milestones

• 2000: Lime Brokerage is established as part of a quantitative U.S. hedge fund.
• 2010: Awarded for being the most cutting-edge IT initiative by the American Financial Technology Awards.
• 2011: Acquired by Wedbush, Inc., integrating Lime's trading technologies.
• 2016: Received multiple awards for its systematic trading technology and risk products.
• 2018: Merged with Lightspeed Trading, LLC.
• 2020: Score Priority acquires Lime Brokerages technology.
• 2021: Executed over 20 billion shares and processed more than 10 billion messages in a single year.
• 2022: Rebranded as Lime Financial to unify its offerings.

　　

Business Expansion Journey

　　Lime Financial began by catering exclusively to institutional clients, focusing on high-frequency trading (HFT) and low-latency execution. Over the years, it expanded its services to include independent traders, aiming to provide them with the same high-quality trading technology previously reserved for institutional clients.

　　

Customer Base Growth

　　The customer base has evolved from primarily institutional clients to include sophisticated independent traders who require advanced trading technology. The firm has positioned itself as a go-to platform for high-frequency and active traders.

　　

Platform Development History

　　Lime Financial has continually enhanced its trading platforms to meet the needs of its clients. The introduction of Lime Trader and Sterling Trader Pro has provided users with advanced trading tools and low-latency execution capabilities, essential for high-frequency trading.

　　

Important Awards or Recognitions Received

　　Lime Financial has received numerous accolades for its technology and services, including awards for best systematic trading technology and recognition for its innovative risk products.

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3. Trading Services Offered

　　

Forex Trading Options

　　Lime Financial does not currently offer forex trading options, focusing instead on equities and options.

　　

Stock Trading Options

　　Clients can trade U.S.-listed stocks and exchange-traded funds (ETFs) with no commission fees. The firm aims to provide high-quality execution through its direct market access (DMA) capabilities.

　　

CFD Trading Products

　　Lime Financial does not explicitly mention offering Contracts for Difference (CFDs) as part of its trading services.

　　

Other Financial Instruments

• Options: Lime Financial offers trading in single and multi-leg options, with a maximum of four legs per trade.
• Futures: The platform also provides access to various futures markets.
• Cryptocurrencies and Commodities: Currently, Lime Financial does not support trading in cryptocurrencies or commodities.

　　

Special Services or Unique Advantages

　　Lime Financial is known for its low-latency trading infrastructure, which allows clients to execute trades faster than many competitors. It operates as an agency broker, meaning it does not internalize trades or operate a dark pool, thus ensuring transparency and alignment with client interests.

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4. Regulatory and Legal Background

　　

Detailed Regulatory Information

　　Lime Financial is regulated by:

• U.S. Commodity Futures Trading Commission (CFTC)
• Financial Industry Regulatory Authority (FINRA)
• National Futures Association (NFA)
• Securities Investor Protection Corporation (SIPC)

　　

Legal Entity Structure by Region

　　Lime Financial operates primarily as a U.S.-based brokerage firm, complying with U.S. regulations. It serves clients globally, except in regions where it is restricted.

　　

Client Fund Protection Measures

　　Client funds are protected under the SIPC, which provides limited protection against the loss of cash and securities in the event of a brokerage failure.

　　

Countries/Regions Served

　　Lime Financial accepts clients from various countries, although specific restrictions apply to certain jurisdictions.

　　

Compliance History

　　The firm has maintained a strong compliance record, adhering to regulatory standards set by the applicable governing bodies.

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5. Competitive Landscape

　　

3-5 Main Competitors

　　Lime Financial competes with several other brokerage firms, including:

• Interactive Brokers: Known for its broad range of services and competitive pricing.
• Lightspeed Trading: Focuses on high-frequency trading and active traders.
• TradeStation: Offers robust trading platforms and tools for active investors.

　　

Positioning in the Industry

　　Lime Financial positions itself as a technology-driven agency broker catering primarily to high-frequency and active traders. Its focus on low-latency execution sets it apart from many traditional brokerage firms.

　　

Market Differentiation Factors

　　Key differentiators for Lime Financial include:

• Low-latency trading infrastructure designed for high-frequency trading.
• Agency broker model that eliminates conflicts of interest.
• Advanced trading platforms with direct market access capabilities.

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　　Lime Financial has established itself as a leading brokerage firm for sophisticated traders, leveraging advanced technology and a client-centric approach to provide exceptional trading services. With a commitment to transparency and speed, it continues to attract a growing base of independent traders seeking high-quality execution.

　　For more information about Lime Financial, visit their official website or explore their trading platforms to see how they can meet your trading needs. Learn more