Lightspeed Trading

Discussion in 'Retail Brokers' started by daniel5198, Jul 24, 2009.

  1. 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
     
  2. Lightspeed charges $40.00 a month for the options data feed.
     
  3. aronriber

    aronriber

    Consider Eoption, they charge $3 per ticket and only 10 cents per contract
     
  4. 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%
     
  5. Try Lightspeed. I use it...Its only $40 for the mkt data and .50 per option contract
     
  6. How is the experience with Lightspeed. 0.50 per option is cheap.