Rival Systems (Rival), a provider of trading and risk management software, and Lime Brokerage (Lime), a Wedbush Company, announced an integrated solution combining Rivals front-end trading and algorithmic strategy development software with Limes low latency execution services.
The new offering, available immediately, enables Rivals clients to access all U.S. equity markets and a wide range of dark pools via Limes exchange gateways and extensive equity memberships. The integrated solution further enhances Rivals capability to provide clients with a comprehensive platform for trading futures, equities and options.
Rival Systems CEO Robert DArco said: Were always looking for ways to bring best-of-breed technologies together to quickly meet our clients needs. By integrating Rival Trader and Rival API with Limes exchange gateways, our non-broker dealer clients have a fast and cost effective way to access the equity markets. Clients can leverage the integrated solution to efficiently execute equity hedge orders, trade synthetic equity spreads and easily integrate equities into their automated trading strategies. We look forward to working with the Lime team in providing mutual clients with the best technology available in the market.
Tony Huck, President and Chief Operating Officer at Lime Brokerage, said: Rival brings to this partnership a powerful front-end trading system with sophisticated options analytics and order entry capabilities, and superior access to the futures and options markets. By integrating Limes broad connectivity to the equity markets through a low latency gateway, we can deliver a vast array of seamless trading technologies to our respective clients.
