Lime Brokerage LLC executed approximately 9 billion shares in the month of January 2008, compared with 3.7 billion in January,2007, and a previous record of 7.3 billion shares in August 2007.
The January 2008 volume included a record one-day total of over 750 million shares.
“Our systems have been built to handle an extraordinary level of trading volume. I want to thank our clients and employees for helping Lime to achieve this level of growth,” says Alistair Brown, CEO, Lime Brokerage.
Lime continues to expand capacity at its data centers to accommodate further expected client growth.
“In addition to our institutional client growth, we have seen significant broker-dealer interest in our service-bureau model for high-speed market access solutions. Low-latency trading has come of age,” adds George Hessler, executive vice president, Lime.
A recent data center expansion is expected to be completed this month.