Rival Systems (Rival), an award-winning provider of trading and risk management software, and Lime Brokerage (Lime), a Wedbush Company, today announced an integrated solution combining Rival’s front-end trading and algorithmic strategy development software with Lime’s low latency execution services. The new offering, available immediately, enables Rival’s clients to access all U.S. equity markets and a wide range of dark pools via Lime’s exchange gateways and extensive equity memberships. The integrated solution further enhances Rival’s capability to provide clients with a comprehensive platform for trading futures, equities and options.
Rival Systems CEO Robert D’Arco said: “We’re 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 Lime’s 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 Lime’s 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.”
Rival Systems (www.rivalsystems.com) empowers professional traders with the technology and resources required to compete in today’s markets. Rival provides a comprehensive technology solution with award-winning platforms, including: Rival Trader, a sophisticated, ultra-low latency derivatives trading system; Rival API, an algorithmic strategy development framework; and Rival Risk, a fully hosted enterprise risk management platform; as well as extensive training and support. Rival Systems has distinguished itself in the industry through its premier service, exceptional speed and advanced features designed to help users gain an edge in the market.
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