My chat with Lightspeed trading about basic API equity trading and market data feeds for NYSE open book and NASDAQ and AMEX level 1

(Last Updated On: November 30, 2011)
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My chat with Lightspeed trading about basic API equity trading and market data feeds for NYSE open book and NASDAQ and AMEX level 1

Here is a chat I had with ‘Sean’ of Lightspeed. The API is very expensive to fund for access. Their rates for newsfeeds on American stock exchanges sounds affordable. Here we go:


Sean: Hello, Guest. How can I assist you today?

Non-English chat content is translated by Google Translate. Be aware that misspellings, slang or unrecognized words may lead to inaccuracies or inability to translate. Lightspeed does not ensure translation accuracy or accept liability for any damages arising out of your use of this service.
Guest: Hello?
Sean: Hello
Sean: How can I help you today?
Guest: Hi sean i got loads of questions about Lightspeed for forex
Guest: ready?
Sean: We are just an introducing broker for Gain Capital
Sean: So if you have any questions regarding forex, I would contact them
Guest: do you have an API i can use as a gateway for executing trades?
Guest: so do you focus on equity, futures, options?
Sean: correct
Guest: let’s focus on these then
Guest: do you still have an api for these? can you support c++?
Guest: or even c#?
Sean: Api for just equities
Guest: ok, how much does it cost to access?
Guest: a month i guess?
Sean: Just for basic equities?
Guest: basic meaning?
Sean: Standard package is $20 a month
Guest: what does that give you? just ticks? what exchanges?
Sean: NYSE and AMEX level 1 and NASDAQ level 2
Guest: can i get nyse level 2?
Guest: how much per month?
Sean: You can get NYSE open book
Guest: is this part of the NYSE basic?
Sean: No it is an additional charge
Guest: which is what?
Guest: charge per month?
Sean: $65
Guest: sounds good? do i access through an api using something like C++ ?
Sean: Correct
Guest: how much is needed to fund an account to execute trades through this gateway?
Sean: Hold on one second please
Guest: ok
Sean: $27,500
Guest: so that is the minimum to get started?
Sean: Yes
Guest: ok that is helpful. thanks very much for your help

Sean: Anything else I can help you with today?
Guest: Can Canadians sign up for the market data feeds as discussed?
Sean: Do you live in Canada?
Guest: yes i do
Sean: Then we wouldn’t be able to at this time
Guest: would a US address PO Box work?
Sean: No it would not
Guest: do i need a social security number?
Sean: No
Guest: i need a physical mailing address?
Sean: We can open accounts for non US citizens but not Canadians
Guest: for the USA?
Sean: Yes
Guest: can british people sign up? do i need to live in UK?
Sean: We just cant open accounts for residents of Canada
Guest: so i need a british or american physical address? but po boxes will not work correct?
Sean: Correct
Guest: po boxes are no good right?
Sean: Right
Guest: ok thanks again

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
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About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at