NobleTrading provides its nearly 1,600 clients with DMA trading services across a host of asset classes including equities, options, futures and forex. NobleTrading clients execute approximately 25 million shares per day and total client assets are $62m.
Stephen Ehrlich, CEO of Lightspeed Financial, said: “Our acquisition of NobleTrading is an important step forward as we continue to grow our business and target a broader segment of individual traders through an expanding product offering centered on client service and education.”
John Muscatella, president and CEO of NobleTrading, said: “Lightspeed is certainly best-in-breed among active trading firms and a perfect fit to ensure that our valued clients receive all of trading tools, resources, and support services needed to help them trade with success.”
NobleTrading is a registered broker-dealer, a member of FINRA, SIPC and the NFA, and has a clearing relationship with Penson Financial Services.
