Limelight Holdings LLC (“Lime” or “Company”), the parent company of Lime Brokerage LLC, announces record full-year results and a proposed name change from Lime Brokerage LLC to Lightspeed Financial Services Group LLC.

New York, NY -- (ReleaseWire) -- 08/24/2020 -- Today, Lime announced record top-line revenue and net income results for its fiscal year ended, June 30, 2020.

June 2020 was particularly strong, with the Company's Lightspeed division increasing the number of new accounts opened by 344% compared to June 2019 and increasing the volume of stock shares traded by 130%. Lime's total revenue grew by 66% on a year to year basis, despite being adversely affected by lower interest rates.

Farid Naib, Lime's CEO commented "Lime's objective is to provide professional traders with fast executions and stable technology coupled with great service. Throughout our fiscal year, particularly during the COVID crisis this objective was challenged and met, with Lime staff and systems handling record volumes of trades, users, and volatility."

To better reflect Lime's core business and focus, and in consideration of the greater client count using Lightspeed products and services versus other parts of the business, Lime Brokerage will be rebranding as "Lightspeed Financial Services Group LLC", or LFSG later this year.

About Lime Brokerage (www.limebrokerage.com)
Lime Brokerage helps institutional traders advance their execution strategy in the most automated, high-volume electronic trading markets. Headquartered in New York City with offices in Chicago, our hallmarks of service, stability, and technological know-how are recognized by traders across the United States and the world. We provide unsurpassed reliability and scale with exceptionally low-latency. Developed to handle the demands of today's—and tomorrow's—automated and electronic trading communities, Lime Brokerage is an agency-only broker whose combination of technology and service allows clients to trade efficiently and anonymously across all major lit and dark market venues.

About Lightspeed (www.lightspeed.com)
Lightspeed is the home of professional traders. Lightspeed is a premier provider of equities, options, and futures brokerage services for active and professional traders. Headquartered in New York City and with offices in Chicago our hallmarks of service, stability, and technological know-how are recognized by traders across the United States. Lightspeed's combination of highly customizable, real-time ultra-low-latency solutions with world-class, expert service helps us keep traders at the top of their game, regardless of market conditions. Lightspeed is a division of Lime Brokerage, LLC.

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A testament to the firm’s infrastructure investments, Lime’s systems maintained 100% uptime activity during March and April's volatility-induced high volumes.

New York, NY -- (ReleaseWire) -- 05/13/2020 -- Lime Brokerage, a leading agency only broker-dealer in algorithmic and electronic trading, reports that the firm's automated trading systems were consistently running and active during March and April, one of the most volatile periods in recent years, executing multiple billions of shares with zero outages or downtime.

This stability is a testament to Lime's considerable technology and infrastructure investments over the past year. Combined with a continued focus on security, load capacity, and scalability, Lime fulfills its mission of providing automated and algorithmic traders with a comprehensive collection of performant and reliable trading solutions.

"Our core philosophy is to provide our clients with a performant, consistent, and reliable experience irrespective of market conditions or turmoil. We believe that objective provides Lime a competitive edge, and it bestows our clients with the confidence they demand so that they can maintain their focus on their trading strategies and critical business needs," said Antonio Manuel Abad, Lime's Chief Technology Officer. "Our reliability during this unprecedented, challenging, and extremely volatile period is a testament to Lime's technology, the quality and talent of its staff, and a culture of operational discipline."

Consistent maintenance, load capacity, and latency testing of systems and servers are standard practice, enabling Lime's Infrastructure team to identify, anticipate, and proactively address any systematic resource issues. While other firms experienced outages during these volatile months, Lime Brokerage has seen clients sending hundreds of billions of shares and executing multiple billions of shares without falter.

To learn more about Lime Brokerage's infrastructure and services, visit www.limebrokerage.com.

About Lime Brokerage (www.limebrokerage.com)
Lime Brokerage helps institutional traders advance their execution strategy in the most automated, high-volume electronic trading markets. Headquartered in New York City with offices in Chicago, our hallmarks of service, stability, and technological know-how are recognized by traders across the United States and the world. We provide unsurpassed reliability and scale with exceptionally low-latency. Developed to handle the demands of today's—and tomorrow's—automated and electronic trading communities, Lime Brokerage is an agency-only broker whose combination of technology and service allows clients to trade efficiently and anonymously across all major lit and dark market venues.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Seasoned Financial Technology Executive Antonio Manuel Abad Joins Lime

New York, NY -- (ReleaseWire) -- 10/11/2019 -- Lime Brokerage announced today that Antonio Manuel Abad has been appointed as the company's new Chief Technology Officer (CTO). Mr. Abad previously served as Trading Platform Architect at Engineers Gate L.P. and CTO of EG Market Technologies, where he designed and supervised the development and operation of automated trading technologies. Mr. Abad has over 7 years of experience in the fintech space, with broad technical expertise in the full stack of technologies and infrastructure actively driving the modern trading environment.

As CTO of Lime, Mr. Abad will be responsible for overseeing the technical vision of the company and leading product research, engineering, and development efforts. He will also drive Lime's evolution in the electronic and automated trading spaces by continuously enhancing the firm's technology, infrastructure, and operations so that Lime will remain as a market leader. Under his stewardship, Lime will continue to offer best-of-breed performance, cutting-edge technology, and superior client satisfaction for both its existing products and new offerings.

"We are thrilled that Antonio brings to our team his proven track record and technical talent, Antonio's hire shows Lime's commitment to being a leading technology-enabled brokerage firm", said Farid Naib, Chief Executive Officer of Lime Brokerage. "Antonio's wealth of experience is a significant asset that will help Lime maintain its momentum in automated and high-frequency trading. He will help deliver the innovation, performance, and service that our customers have come to demand and expect of Lime."

Before joining EG Market Technologies, Mr. Abad had senior software engineering roles with Arxis Capital, Bloomberg L.P., and MIT Lincoln Laboratory. Prior to his role in financial markets, he worked in the Aerospace field. He is a graduate of the Massachusetts Institute of Technology with a Master of Science in Aeronautics and Astronautics, and a graduate of the Georgia Institute of Technology with a Bachelor of Aerospace Engineering. He is based out of the New York office and will report to the CEO.

About Lime Brokerage
Lime Brokerage helps institutional traders advance their execution strategy in the most automated, high-volume electronic trading markets. Headquartered in New York City and with offices in Chicago, Waltham, MA, and Platteville, WI, our hallmarks of service, stability, and technological know-how are recognized by traders across the United States and the world. We provide unsurpassed reliability and scale with exceptionally low latency. Developed to handle the demands of today's—and tomorrow's—automated and electronic trading communities, Lime Brokerage is an agency-only broker whose combination of technology and service allows clients to trade efficiently and anonymously across all major lit and dark market venues.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

New York, NY -- (ReleaseWire) -- 09/05/2019 -- Lime Brokerage, a leading agency only, high-volume broker-dealer in the high-frequency trading space is a preeminent provider of ultra-low-latency and ultra-high-throughput. This week they announced the release of a new version of their desktop and web-based Lime Trading Portal. These new portals are fully integrated with the world-class Lime Trading platforms, giving the firm's clients an improved view and ease of access to the management and reporting of their accounts.

"Lime continues to build on our history of innovation and performance," stated Johan Sandblom, SVP, Business Development. "We are proud to continually make improvements to our technology and systems whether big or small to meet client needs."

The new desktop application of Lime Trading Portal was created in JavaFX. This new update for desktops allows for the application to run across a wide variety of devices improving accessibility for our clients. To receive information on how to get access to the desktop Lime Trading Portal email, ts@limebrokerage.com.

Complimenting the desktop portal Lime has also created a new and improved version of their web-based version of the Lime Trading Portal. This version has moved content from Adobe Flash and recreated it in HTML5 the new industry standard for all web applications. This change resulted in a sleek, intuitive, and easy to navigate user interface. The Lime Trading Portal brings access to client resources into the web portal, so clients no longer need to visit a separate website to download Lime's APIs and documentation. Future planned enhancements include capabilities such as a report writer that will allow Lime clients to create their own reports and output files.

About Lime Brokerage
Lime Brokerage helps institutional traders advance their execution strategy in the most automated, high-volume electronic trading markets. Headquartered in New York City and with offices in Chicago, Waltham, MA, and Platteville, WI, our hallmarks of service, stability, and technological know-how are recognized by traders across the United States and the world. We provide unsurpassed reliability and scale with exceptionally low latency. Developed to handle the demands of today's—and tomorrow's—automated and electronic trading communities, Lime Brokerage is an agency-only broker whose combination of technology and service allows clients to trade efficiently and anonymously across all major lit and dark market venues.

For more information visit, www.limebrokerage.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

The redesigned website offers global traders comprehensive insight into Lime Brokerage’s suite of end-to-end trading solutions.

New York, NY -- (ReleaseWire) -- 07/10/2019 -- Lime Brokerage, a broker-dealer and advanced financial technology leader providing state-of-the-art solutions to automated and electronic traders, is pleased to announce the launch of its newly designed website at limebrokerage.com.

The revamped website provides traders with a concise overview of Lime Brokerage's solutions for trading execution and market access through refreshed content that better defines the challenges Lime's institutional and automated trading clients face.

Supporting an optimized user experience, the fully responsive website showcases an updated service suite of end-to-end trading solutions providing high-volume low-latency access to U.S. electronic trading markets to systemic traders, financial institutions, professional traders, hedge funds, and asset managers.

"With the debut of our new optimized, streamlined digital presence, we can better showcase the solutions we provide to serve the highly specialized needs of automated traders," notes Amy Kulinski, SVP Marketing of Lime Brokerage. "Lime Brokerage is positioned for growth in providing the market access, tools, and infrastructure traders require to operate efficiently, and our new website design marks our mission to empower our clients with a seamless experience that allows them to achieve their trading goals."

Among its other upgrades, the website has improved functionality, modern uncluttered design, and more intuitively structured navigation, strategically creating a user experience that underscores the firm's mission to provide an experience rooted in speed, reliability, service, and scalability.

The website redesign follows Lime Brokerage's announcement that the firm supports the needs of automated traders through its customized benchmark and smart order routing algorithms for U.S. Equity trading.

About Lime Brokerage
Lime Brokerage helps institutional traders advance their execution strategy in the most automated, high-volume electronic trading markets. Headquartered in New York City and with offices in Chicago, Waltham, MA, and Platteville, WI, our hallmarks of service, stability, and technological know-how are recognized by traders across the United States and across the world. We provide unsurpassed reliability and scale with exceptionally low latency. Developed to handle the demands of today's—and tomorrow's—automated and electronic trading communities, Lime Brokerage is an agency-only broker whose combination of technology and service allows clients to trade efficiently and anonymously across all major lit and dark market venues.

For more information visit, www.limebrokerage.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Lime Brokerage Customizes Benchmark and Smart Order Routing Algorithms for Automated Trading

New York, NY -- (ReleaseWire) -- 01/30/2019 -- Lime Brokerage is an agency only broker-dealer that offers Benchmark Algorithms and Smart Order Routing Algorithms for U.S. Equity trading. As one of the pioneers of algorithmic trading, Lime continues to provide systematic traders, financial institutions, proprietary trading groups, hedge funds, and asset managers with superior executions. Lime's algorithms are built on their ultra-low latency infrastructure including very fast market data which provides order entry in microseconds.

"We are known for our innovative systems that have been developed to handle the demands of the automated trading community, and we continue to improve our product offerings," stated Tom Gibb, Co-President of Lime Brokerage.

Benchmark Execution algorithms include:

VWAP: Creates a pre-trade schedule based on historical data, volume patterns, and targets the volume weighted average price.

TWAP: Executes desired quantity at a constant rate over a user-defined interval.

Implementation Shortfall: Minimizes risk-adjusted trading costs relative to the arrival price and dynamically adjusts aggression as a function of real-time market conditions relative to a chosen benchmark.

POV: Tracks and reacts to real-time market volumes to target a user-defined participation rate.

Close: Creates a back loaded execution schedule versus the historical VWAP pattern to better capture prices towards the end of an order.

Smart Order Routing algorithms include:

Lime Smart Router: Aggressive liquidity seeking algorithm that optimizes speed to interact with displayed and non-displayed markets.

Dark Sweeper: Dark Sweeping algorithm that optimizes sourcing dark liquidity while lowering transaction costs.

Cost Effective: Aggressive liquidity seeking algorithm with objective to lower transaction costs on displayed and non-displayed markets.

Neutral: Neutral to aggressive algorithm with objective not to pay full spread on available liquidity.

Hidden: Accesses liquidity for all venues supporting invisible or hidden order types.

Any of these strategies can be custom modified to meet client needs by Lime's expert advisors and quantitative consulting team. The brokerage firm works with clients to create user-defined strategies that incorporate individual risk tolerance while reducing transaction costs. Lime offers high-frequency trading with risk checks that are fully SEC Rule 15c3-5 compliant. These checks are performed in line with standard programming language. Connection to the automated trading system is easy and efficient, Lime supports the industry standard FIX protocol. Lime also offers a full suite of connectivity options including an easy-to-use API in both JAVA and C/C++, supporting a wide range of front-end trading platforms as well as offering proprietary GUI and are fully FIX compatible.

For more information on Lime's market access, customized benchmarks and smart order routing algorithms contact sales@limebrokerage.com

About Lime Brokerage
Lime Brokerage LLC (Lime), is a FINRA and NFA member and a fully disclosed introducing broker-dealer based in New York City, Chicago, Boston, Los Angeles, and Platteville. Lime offers the industry's most advanced trading technologies and execution services, providing traders superior access to the most automated, high-volume electronic trading markets. Lime's systems provide unsurpassed reliability and scale with exceptionally low latency. Developed to handle the demands of the automated and electronic trading community, Lime's technology caters to a diverse and sophisticated client base. The result is a robust, highly reliable, agency-only system that includes market data and trading platforms. It allows clients to trade efficiently and anonymously across all major lit and dark market venues.

For more information about Lime Brokerage, visit limebrokerage.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm