In its ongoing efforts to bring active, professional traders sophisticated tools to successfully trade the markets, Lightspeed Trading has just added new research capabilities through a partnership with TipRanks.
Lightspeed Trading’s customers will now be able to access the robust complement of research tools that TipRanks provides all from within the Lightspeed Trader trading platform as well as the secure client reporting area. This will enable all Lightspeed customers to generate trading ideas, perform research, and evaluate investment advice.
TipRanks is the first financial accountability engine to vet market predictions and recommendations. Providing traders real time access to financial industry experts’ advice, including thousands of bloggers, financial analysts, and industry insiders, TipRanks then tracks and ranks actual performance against those recommendations. This provides powerful insight for active traders looking to cut through market chatter and make well-informed trading decisions.
"We are excited that we now offer our customers the research and tracking capabilities of TipRanks to all our customers,” said Kevin Ott, Co-president of Lightspeed Trading. "The TipRanks partnership is just another way we are making it easy for our customers to navigate the markets for more informed trading."
“As part of our current global expansion we are very proud to be working with the team at Lightspeed and their strong client base in delivering powerful and comprehensive interactive research tools and guidance to investors,” said Uri Gruenbaum, CEO of TipRanks.
A subsidiary of Professional Trading Solutions, Inc - Lightspeed Trading, LLC, is a FINRA and NFA member and a fully disclosed introducing broker-dealer based in New York City and Chicago. The Company offers securities and direct access brokerage, trading and advanced order routing services to their clients utilizing Lightspeed’s software products. Lightspeed Institutional is a division of Lightspeed Trading, LLC.
TipRanks is a comprehensive data-driven investment tool that measures the accuracy of published financial advice. Traditionally, the company tracks and ranks the performance of over 4,000 financial analysts, over 5,000 financial bloggers, and over 35,000 corporate insiders. TipRanks allows day traders and private investors to see the measured performance of anyone who provides financial advice. By using Natural Language Processing (NLP) and Machine Learning algorithms, TipRanks constantly and accurately measures, tracks, and ranks financial experts based on their stock ratings, call, and predictions.