BT has partnered with agency broker, Lime Brokerage, to roll out a new solution for pre-trade risk controls. The new solution helps users comply with the U.S. Securities and Exchange Commission Rule 15c3-5 and its July 14 implementation deadline.
As per the agreement with BT, Lime will offer members of the BT Radianz community with an ultra-low latency and SEC-compliant risk control solution. Broker dealers that use the BT Radianz financial cloud can tap Lime’s pre-trade risk controls to comply with the SEC’s ban on naked access, adds Advanced Trading.
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