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newwurldmn-He asked about a long/short equity position not a dividend spread with options. Even Dividend spreads are hard to clear as there are operational risks and a capital requirement on some of these at the clearing level that many clearing brokers do not want to float.

No, this is called a boxed position. Any boxed position should be reconciled. If not, you will get the dividend on the long side and pay it out on the short side for a wash.

We offer Lightspeed Trader, Sterling Trader Pro, Eze EMS (formerly RealTick), and CBOE Silexx which all have APIs. https://www.lightspeed.com/technology/trading-software/

How can you tell the difference between your broker's route doing something that affects your execution as you suggest and a Market Maker not tied to your routing reacting to flow they see in real-time after it hits the order book?

It seems there are subjective definitions of a Prime Broker and a Prime Brokerage relationship. These are mine. A Prime Broker is a clearing firm that offers clearing and custody of a Prime Brokerage relationship. A Prime Brokerage relationship in one where you custody and clear trading at your...

https://www.lightspeed.com/pricing/routing-fees/

sfwind- My example was clearing about equity orders. We do not generally pass through option maker/taker exchange debits/credits on Lightspeed Trader but we can on single leg orders on Sterling, Realtick and Silexx. I have no idea what happened to your order and where you sent it to.

Why is that?

Both plans provide the same routes.

That all looks correct except is does not include SEC/TAF regulatory fees on sell orders. I assume you know what "adding liquidity" is. https://www.lightspeed.com/pricing/routing-fees/

Funny you say that. Open an account with Lightspeed. Choose Lightspeed Trader, Sterling Trader Pro or Realtick. Choose the $4.50/Trade commissions plan. Use a route like ARCA or NSDQ and make your order visible and add liquidity. On 5000 shares, we charge you $4.50, the exchange rebate is $10.00...

You would have to start your own broker-dealer and become a member of that exchange. I'm not going to go into the details because it requires more than money.

https://marketchameleon.com/Calendar/Earnings Lightspeed Financial Services Group LLC. is not affiliated with this service providers. Data, information, and material (“content”) is provided for informational purposes only. This content neither is, nor should be construed as an offer...

It seems like you have asked this question before. If you open an account with Lightspeed and choose me as your salesperson, I will be your point of contact in addition to our service desks and account services.

Regulation National Market System (or Reg-NMS) offers protection from trade throughs. The rule is not absolute but is in place during regular trading hours with some exceptions. https://www.nasdaq.com/articles/reg-nms-dummies-2019-05-09

We have a Trade Desk in NYC and Chicago for trade-related issues and if you choose me as your salesperson, I would be your point of contact for all other questions.

It is my understanding that all Warrants are like call options, not Marginable. The better question is, can it be used to offset short stock and short calls?

ScroogeMcDuck-I left the trading floor back in 2010. I was a broker-dealer, Options market Maker, and cleared through SLK/GSEC. In addition to my MM trading, I looked for Warrants that were inactive that I could arb vs the options by bidding for large blocks below the market. At the time...

I did not write it. We are VERY busy. New accounts and volumes. I can't provide any details outside that blog.

https://www.lightspeed.com/news/limelight-holdings-llc-announces-record-full-year/ 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...