Finding a security to short in the Lightspeed Trader platform can be done in just a few easy steps. Type in the symbol of your choice into the quote window. You will notice that on the right side of the window a code will appear in a colored box. The codes represent your ability to borrow a specific security to short.
‘E’ in a green box means that the security is easy to borrow and you can place your short-sell immediately on Lightspeed Trader.
The ‘L’ in a gray box means that the security needs to be located. You can request to locate these shares automatically from the Short Request. The Short Request window is a module built into Lightspeed Trader. It allows you to locate the shares you need. Simply type in the desired symbol you would like to borrow and the quantity of shares. Then click the locate button on the right. If the shares are available, a new window will pop up with a price per share that you can borrow immediately or cancel the request altogether.
Lastly, a ’T’ in the red box represents "Threshold." Securities on the Threshold list cannot be borrowed. It’s that easy to find a stock to short in the Lightspeed Trader platform.
"I am amazed at how quickly trades execute... I love Lightspeed. Executions are extremely fast... platform is very easy. Love hotkeys and buttons...."
Woodland Hills, CA
“Today was my first day on the Lightspeed platform from TDAmeritrade. This is the absolute best platform I have ever traded on. Executions were extremely fast with no lag. "
Santa Rosa, CA
"With all the extra volume and volatility we've seen recently, I know many brokers have had major problems with quotes and orders. Lightspeed has been flawless!
"I've tried other trading platforms, and none compared to the setup and speed of Lightspeed Trader. The Lightspeed Trader platform is freaking awesome!!" Thank you!!
The testimonial may not be representative of the experience of other customers. The testimonial is no guarantee of future performance or success.
Our flagship trading platform is perfect for active and professional traders looking for reliability, performance, and speed.
Customize every step of your trade. Gain an edge with the flexibility to own your trading experience, customizable order entry options, multiple routing options, complex order options, and more.
Effectively mitigate and manage risk with access to a suite of risk management tools to help you manage anything from several traders to large trading groups and thousands of positions.
We take great pride in delivering service and support that exceeds our customers’ expectations. You can be assured you will receive the highest level of service and personalized assistance.
Equities, equities options, and commodity futures products and services are offered by Lightspeed Financial Services Group LLC (Member FINRA, NFA and SIPC). Lightspeed Financial Services Group LLC’s SIPC coverage is available only for securities, and for cash held in connection with the purchase or sale of securities, in equities and equities options accounts. You may check the background of Lightspeed Financial Services Group LLC on FINRA’s BrokerCheck.
Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options
ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses.