Lightspeed Trading

[daniel5198]

Anyone has experience with them? I trade option spreads. They advertise $0.5 per option contract, no ticket or extra fees. This is really cheap. Is there a catch there?
thanks

 

[jeb9999]

Lightspeed charges $40.00 a month for the options data feed.

 

[aronriber]

Consider Eoption, they charge $3 per ticket and only 10 cents per contract

 

[jeb9999]

Quote from aronriber:

Consider Eoption, they charge $3 per ticket and only 10 cents per contract

Did you bother to wonder why so cheap?

eOption option order routing (non directed orders):

Citadel Derivatives Group LLC 48%
Susquehanna Capital Group 32%
NYSE Arca Options 18%

 

[autotrader15]

Try Lightspeed. I use it...Its only $40 for the mkt data and .50 per option contract

 

[spreadem]

Quote from autotrader15:

Try Lightspeed. I use it...Its only $40 for the mkt data and .50 per option contract

How is the experience with Lightspeed. 0.50 per option is cheap.