Lime's Gorton Trades Fast, Seeks Car-Free Utopia
This article is for subscribers only.
Step off the elevator into Lime Group's offices atop an 11-story brick building in New York's Chinatown into a crowd of more than 60 stone Buddhas and Asian lions, all handpicked by the company's founder, Mark Gorton.
To the right, down a staircase, is a metal door that leads to Lime Brokerage LLC, which Gorton says trades stocks faster than any other company on Wall Street -- as many as 6,000 orders a second. At the end of a long hall is LimeWire LLC, maker of the world's most-popular Internet file-sharing software, with 50 million monthly users. The U.S. recording industry says the product is designed for infringing music copyrights -- an accusation Gorton denies -- and is suing for damages of at least $450 million.