About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Rival Systems Extends Reach Into Equities

Subscribe to our newsletter

Trading and risk management software provider Rival Systems’ partnership with the Lime Brokerage unit of Wedbush extends Rival Systems’ reach beyond its core constituency in futures and options, into equities trading in US markets and dark pools, according to Robert D’Arco, CEO, Rival Systems.

Lime Brokerage and Rival Systems have launched an integrated service combining Rival’s front-end trading and algorithmic strategy development software, with Lime’s low latency execution services.

“For non-broker-dealer clients who can’t go direct to an exchange and have to go to a broker, Lime is cost effective and fast,” says D’Arco. “They can use our front end, get market data and trade options. They can price all the options and hedge options with equities — and put a hedge order through Lime seamlessly.”

The integrated service allows users to transact futures and equities at the same time, adds D’Arco. “From our platform, they can connect directly to a futures exchange, then connect to Lime for the equity leg of the trade,” he says. “It’s a seamless integration. For the end user, it’s all pulled into one front end and one algorithmic development framework. They can leverage both our capabilities from one place.”

Lime Brokerage provides the software that has been integrated with Rival Systems, while Lime’s parent, Wedbush, provides broker-dealer servicesoffered through the combined system. “As everything is integrated, hopefully it makes a better trading experience for everyone,” says D’Arco.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: High-performance, real-time multi-stream data processing for trading analytics and risk management

Financial analytics platforms in Hedge Funds are often segmented between real-time and back-office analytics systems fed by slower batch processes. To support winning analytics, hedge funds and other trading firms need to bring together real-time streams with historical analytic data in a single high-performance data store to refresh reports and risk models in near-real-time. Listen...

BLOG

ESMA Recommends Digital Token Identifier for Pilot of Distributed Ledger Technology Regulation

ESMA has recommended use of the ISO standard Digital Token Identifier (DTI) for the pilot of its Distributed Ledger Technology (DLT) regulatory regimen. DTIs are issued by the DTI Foundation, a non-profit division of Etrading Software, with a view to bringing standardisation to digital asset and crypto markets. The DLT pilot will apply from 23...

EVENT

Data Management Summit London

Now in its 14th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

ESG Handbook 2023

The ESG Handbook 2023 edition is the essential guide to everything you need to know about ESG and how to manage requirements if you work in financial data and technology. Download your free copy to understand: What ESG Covers: The scope and definition of ESG Regulations: The evolution of global regulations, especially in the UK...