NEW YORK — Lime Financial, a technology company and agency broker expanding competitive access to everyone who values quality execution, reported that its Lime Direct low latency trading gateway delivered a record-breaking performance in a volatile first quarter for markets.
Lime Direct clients, who include algorithmic traders, hedge funds, and quantitative investors, use its direct market access gateway with technology optimized for high message throughput rates. The results for the first quarter of 2022 demonstrate Lime Direct’s robust capabilities:
- 6 billion shares executed in the first quarter, averaging more than 2 billion per month
- 4.5 billion messages processed, including new orders, cancels, and replacements
- Nearly 200 million shares executed with over 75 million messages processed in a single day, a new one-day volume record
“With more than two decades catering to sophisticated traders, investors, and developers, Lime Direct has proven its reliability,” said Johan Sandblom, Lime Financial’s head of business development. “Lime’s technology is built to sustain the scale and flexibility our clients expect during high volume periods when trading matters most.”
Lime Financial offers a full suite of trading, fintech, and advisory solutions infused with the technology responsible for reliable, large-scale trading.