NEW YORK, June 29, 2016 (GLOBE NEWSWIRE) -- Lime Brokerage ("Lime"), a Wedbush Company, experienced its largest volume day since the 2008 financial crisis this past Friday, June 24th , executing several hundred million shares, accounting for approximately 2.50% market share for all US equities. Despite the extreme volatility in the market resulting from the United Kingdom's announcement of its exit from the European Union and the annual Russell rebalance, Lime Brokerage was well-prepared to handle such uncertainty as its technology functioned at a steadfast and superior level. The platform remained robust and efficient, while maintaining seamless performance in a period that resulted in extensive interruption of service for some major dark pools due to the heavy market turbulence. Lime's ability to meet and exceed the expectations of its valued clients, continues to demonstrate its staunch dedication to strong and reliable systems, regardless of the market environment. In closing out the week and through the continuing reverberations early this week, Lime Brokerage continued to operate with an unmatched level of service, support, and speed.
Tony Huck, President and COO of Lime Brokerage, states, "I am incredibly proud of our team at Lime Brokerage, as we continue to perform at the highest level in demonstrating Lime's resiliency and strength as a top technology provider. Friday's record numbers further illustrate our commitment to provide unparalleled service and advanced efficiency to our clients, as we continue to emphasize our exceptional level of reliability and speed."
About Lime Brokerage
Lime Brokerage ("Lime") offers the industry's most advanced trading technologies and execution services, providing systematic traders superior access to the most automated, high-volume electronic trading markets. Lime's systems provide unsurpassed reliability and scale with exceptionally low latency. Developed to handle the demands of the automated and electronic trading community, Lime's technology caters to a diverse and sophisticated client base. The result is a robust, highly reliable, agency-only system that includes market data and trading platforms. It allows clients to trade efficiently and anonymously across all major lit and dark market venues.
About WEDBUSH, Inc.
WEDBUSH, Inc. is a leading financial services and investment firm that, through its holdings, provides private and institutional brokerage, investment banking, equity research, fixed income, clearing, sponsored-access and execution, private capital, commercial banking, and asset management, to individual, institutional, and issuing clients. Founded in 1955, the firm's largest holding, Wedbush Securities, is one of the largest full-service investment banking and brokerage firms headquartered in the western United States, with over 100 offices nationwide. WEDBUSH is devoted to delivering its clients dedicated service, financial safety, continuity, and advanced technology. WEDBUSH, Inc. includes affiliated firms Wedbush Securities, Wedbush Asset Management, Wedbush Capital Partners, Wedbush Opportunity Partners, and Lime Brokerage LLC.
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