Lime furthers algo partnership with BestEx Research

Karthik Subramanian

Score Priority Corp. , which owns Lime and which is a company for the retail and institutional trading community, announced today that it was furthering its existing partnership with BestEx Research, a company that focuses on execution algorithms.

Lime is the trading division of Score Priority and it was acquired by Score at the end of 2020. Since the acquisition, Lime has increased the size of its engineering team with the intention of providing high-class technology to its customers which includes systematic traders, proprietary trading groups, asset managers and other financial services groups.

This furthering of the partnership with BestEx would provide all these groups and traders with access to the top line equity execution algorithms which they can customise to their varied needs.

“We go much further than anyone else in minimising execution slippage”, said Hitesh Mittal, Founder and CEO of BestEx Research. “Our order placement logic models the volatility, liquidity, spread and depth of each stock to maximise spread capture and minimise adverse selection and market impact. Unlike most brokers who offer heuristic-based algorithms, we build our algorithms using a systematic approach, backtesting them against months of tick data and refining them before they trade a single order.”

BestEx Research’s in-house technology helps Lime’s clients to trade efficiently as well as anonymously across a variety of exchanges and avenues. Combined with Lime’s low-latency trading infrastructure, the partnership signifies Lime’s emphasis on customisation and innovation on behalf of systematic traders and the larger institutional trading community.

“I’ve worked with Hitesh for many years, and I know our collective objectives align in delivering high-quality products to the trading community,” Score Priority CEO Tony Huck said. “Our relationship with BestEx can only grow, as we continue to innovate, develop, and tailor the resources available to our clients.”

BestEx Research is known for combining its high-speed and efficient algorithms with a user-friendly dashboard which helps its users to customise the various algos as per their needs. It is a cloud-based platform and it’s broker-neutral as well which helps it to combine with a variety of platforms and brokers like Lime.

The combination of these two is expected to provide its users with a wide range of choice of algorithms and with more and more companies vying for the attention of the investors, it remains to be seen who will rise out of all this and manage to capture the attention of their users and also maintain them as well.

Read this next

Retail FX

XPRTcoin Review 2022 – Is XPRTcoin Scam or Legit?

Read our XPRTcoin review today to learn all you need to know about XPRTcoin before signing up with the broker ( – by FinanceFeeds.

Retail FX

Financial services domains blocked by Consob rise to 708

In yet another episode in a long-running campaign, the Italian financial regulator, Consob, once again blocked access to a number of investment websites, including those holding licenses in other jurisdictions.

Digital Assets

Binance upgrades Bahrain license to offer full-suite of crypto services

The Central Bank of Bahrain (CBB) has granted Binance its Category 4 license as a fully-fledged crypto-asset service provider (CASP).

Digital Assets

BitMEX spot exchange hits $24 million in daily volume

The newly-launched spot market of crypto exchange BitMEX reported a record of $24 million in 24-hour trade activity on May 25.

Retail FX

Financial Commission certifies offering of trade copier 4X Solutions

The Financial Commission, an independent self-regulatory compliance specialist for the financial services industry, has certified the trading technology offered by trade copier 4X Solutions.

Industry News, Inside View

LIVE from Devexperts webinar for brokers on Fractional Trading

Finance Feeds is providing live coverage of the event that aims to help brokers discover fractional shares as a key tool for a successful brokerage business in today’s trading industry.

Industry News, Retail FX

ASIC celebrates retail ban on binary options as 68% of wholesale clients lose money

In the 13 months before the ban, between 74% and 77% of active retail clients lost money trading binary options. The product intervention order does not apply to wholesale clients.

Crypto Insider

Investing in crypto: how to stay away from weak players

The main reason behind the hacks of crypto exchanges is weak key management. For example, all 4 hacks that took place in 2021 were caused by the ability of hackers to obtain access to hot wallets. 

Retail FX

Vantage launches swap-free gold XAUUSD trades for all clients until end of July

“As the greenback continues to strengthen, we want to support traders who remain bullish on gold or seek short term trading opportunities amid the volatility”