Do you need a home for your trading account or hedge fund? Lightspeed, the home for professional traders, offers Reg-T and Portfolio Margin accounts for U.S. listed equities and options. Get 3 FREE MONTHS of the Lightspeed Trader platform and a 33% COMMISSION DISCOUNT Learn More Open an account today and save $390 in platform fees and get 33% off commissions using promo code "HEDGE". Maximize your trading strategy at a fraction of the cost. During this promotion you'll receive access to: • The powerful Lightspeed Trader platform • Technology built for performance and speed • Access to a robust inventory of short locates • Unique customization tools like Hot Keys and Hot Buttons • Dedicated and knowledgeable service team ready to assist at a moment's notice Offer only available to those that have not held an account at Lightspeed within the previous calendar year. Offer only applies to the Lightspeed Trader platform. Platform trading fees are waived for the first 3 months. Offer begins upon notice of account approval. After 3 months Lightspeed Trader platform fee resumes. Cannot be combined with other offers or discounted rates. Routing fees apply. Market data fees apply. Initial funding requirement of $25,000 applies. Trade Minimum of $0.5 applies. Promotion not applicable for per trade commission type. Must fund and open account by November 30, 2022. Only NASDAQ, AMEX, and NYSE listed stocks, and listed options contracts, are eligible. Does not apply to non-exchange listed stock, i.e. OTCBB and Pink Sheets. Equities, equities options, and commodity futures products and services are offered by Lightspeed Financial Services Group LLC. SIPC coverage is available only for securities, and for cash held in connection with the purchase or sale of securities, in equities and equities options accounts. Lightspeed Financial Services Group LLC is a member of FINRA, NFA and SIPC. © 2022 Lightspeed Financial Services Group LLC.
Desperate times call for desperate measures methinks. Are you guys in such poor shape, market share wise? Promo code to get 3 months discounted commissions...this comes awfully close to how bucket shops and unregulated brokers advertise.
I am going to go out on a limb and say Lightspeed is doing fine. They've got a good brand, some fairly active traders and funds from what I hear. Industry seems to be doing well as volumes are increasing. Fees are falling industry wide and Lightspeed has run this special before. I will bet that they will still be here a decade from now.
Maybe for very specific (high volume?) stock or futures trading. Equity options are made effectively unavailable by (unnecessary) exercise fee...