New York, NY -- (SBWIRE) -- 11/14/2016 -- Lightspeed Trading, LLC is pleased to announce that it has launched new research tools within the Lightspeed Trader platform powered by TipRanks. This product integration is the latest in ongoing efforts to make sophisticated tools available to aid in successful trading. Professional, active traders can now access the platform's research, enabling the generation of trading ideas and extensive research.
TipRanks is the world's first financial accountability engine to assess recommendations and predictions within the trading market. It works to remove trading guesswork for more accurate analysis and reporting by using a data-driven algorithm to calculate analyst information.
From within Lightspeed Trader, TipRanks grades and tracks the actual analysts' performance by evaluating their recommendations. As data is collected on an analyst, his or her rating is calculated, resulting in findings on the average return per expert recommendation. The measurement becomes more statistically significant as more analyst data is collected by TipRanks.
With its new research tools, Lightspeed Trader users can make well-informed trading decisions by sifting through market noise. The brokerage firm is pleased to be working with TipRanks's team to bring a top-level trading experience to its clients.
To learn more about Lightspeed Trading, LLC or to open an account, visit https://www.lightspeed.com.
About Lightspeed Trading, LLC
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. Lightspeed Institutional is a division of Lightspeed Trading, LLC.
For more information about Lightspeed Trading, LLC, go to https://www.lightspeed.com.
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.