The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Rival Systems Extends Reach Into Equities

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.

Related content

WEBINAR

Recorded Webinar: Adverse media screening – how to cut exposure to criminal activity, from money laundering to human trafficking

Screening for adverse media coverage of counterparties presents an incredible opportunity for financial institutions to limit risk exposures and identify bad actors early. It is required by regulations such as the EU’s sixth Anti-Money Laundering Directive (AML 6), and is one of the most effective ways to steer clear of potential connections with sanctioned activity...

BLOG

Pico Launches 100 Gbps Corvil 10000 Performance Monitoring appliance

Markets technology and infrastructure provider Pico has released its new flagship appliance – the Corvil 10000 – which boosts the capacity of its performance monitoring and analytics capabilities to handle 100 Gigabits/second deployments. The development follows the release last spring of 100 Gbps capability for Corvil Analytics’ performance monitoring solutions, and is aimed at meeting...

EVENT

Data Management Summit USA Virtual (Redirected)

Now in its 11th year, the Data Management Summit USA Virtual explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

GUIDE

Regulatory Data Handbook 2021/2022 – Ninth Edition

Welcome to the ninth edition of A-Team Group’s Regulatory Data Handbook, a publication dedicated to helping you gain a full understanding of regulations related to your organisation from the details of requirements to best practice implementation. This edition of the handbook includes a focus on regulations being rolled out to bring order and standardisation to...