Wedbush Securities, Lime Brokerage Ink Clearing, Execution Accord with CQG

Wedbush Securities Inc., a provider of private and institutional brokerage in the US, and Lime Brokerage LLC have launched a partnership with global market data provider CQG, helping offer an expanded suite clearing an Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term services, according to a Wedbush Securities statement.

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The new accord will see a collaboration between the venues that helps reinforce clearing and execution services capabilities across multiple asset classes. More specifically, Wedbush will assimilate CQG's extensive execution platform with Lime Brokerage’s equity execution technology in a bid to help provide clients with access to futures markets.

The focus of this initiative is both global and domestic, emphasizing equity markets via one unified platform offering. By extension, advanced clearing services will be provided through Wedbush for all asset classes. Wedbush is powered by Lime technologies, which caters to futures and Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term clients – the group’s trading solution helps garner multiple benefits for market participants, including trading synergies and hedging opportunities.

The collaboration is important as it will combine the functionality and advanced trading capabilities of each venue to the benefit of domestic and global traders in the futures and equities space.

According to Tony Huck, President and Chief Operating Officer (COO) at Lime Brokerage, in a recent statement on the partnership: "Lime provides smart, fast, and safe solutions to real-time performance challenges while maintaining the reliability that has earned it the industry's trust. This reputation will be greatly enhanced by our partnership with CQG, its products and extensive distribution network.”

"We are excited to be partnering with Wedbush and Lime to provide order routing for equities. Together we are opening up more avenues for traders," reiterated Pat Kenny, Senior Vice President of Client Relations at CQG, in an accompanying statement.