TradeStation Group Reports Monthly Business Metrics
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PLANTATION, Fla., Oct. 23, 2008 (GLOBE NEWSWIRE) -- TradeStation Group, Inc.
(Nasdaq:TRAD) today reported the following business metrics for the month ended
September 30, 2008:
* 124,368 Daily Average Revenue Trades (DARTs)
* Total client assets of $1.7 billion (as of September 30, 2008)
* Average equities client credit balances of $654 million
* Average equities client margin balances of $83 million
Year over year, TradeStation's DARTs increased 54%, total client assets
increased 1%, average equities client credit balances increased 18%, and average
equities client margin balances decreased 1%. Below in tabular format are
year-over-year comparisons of those metrics on both a monthly and quarterly
basis:
TradeStation Securities
Business Metrics
Qtr
Ended
9/30/08
Sept-08 Qtr Qtr vs. Qtr
vs. Ended Ended Ended
Sept-08 Sept-07 9/30/07 9/30/08 9/30/07 9/30/07
------------------------------------------------------
Trading Days 21.0 19.0 N.M. 63.5 62.5 N.M.
Daily Average
Revenue Trades
(DARTs) 124,368 80,589 54% 108,507 87,937 23%
Total Client
Assets ($MM),
end of period $1,743 $1,720 1% $1,743 $1,720 1%
Average Equities
Client Credit
Balances ($MM) $654 $553 18% $650 $549 18%
Average Equities
Client Margin
Balances ($MM) $83 $84 -1% $88 $85 4%
Additional information regarding the company's business metrics can be found on
TradeStation Group's Web site at
www.tradestation.com/aboutus/businessmetrics.shtm.
About TradeStation Group, Inc.
------------------------------
TradeStation Group, Inc. (Nasdaq:TRAD), through its principal operating
subsidiary, TradeStation Securities, Inc., offers the TradeStation platform to
the active trader and certain institutional trader markets. TradeStation is an
electronic trading platform that offers state-of-the-art electronic order
execution and enables clients to design, test, optimize, monitor and automate
their own custom Equities, Options, Futures and Forex trading strategies.
TradeStation Securities, Inc. (Member NYSE Euronext, FINRA, SIPC, NSCC, DTC, OCC
& NFA) is a licensed securities broker-dealer and a registered futures
commission merchant, and also a member of the Boston Options Exchange, Chicago
Board Options Exchange, Chicago Stock Exchange, International Securities
Exchange and NASDAQ OMX. The company's technology subsidiary, TradeStation
Technologies, Inc., develops and offers strategy trading software tools and
subscription services. Its London-based subsidiary, TradeStation Europe Limited,
an FSA-authorized brokerage firm, introduces UK and other European accounts to
TradeStation Securities.
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CONTACT: David H. Fleischman
Chief Financial Officer
TradeStation Group, Inc.
954-652-7000
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