TradeStation Group Reports Monthly Business Metrics
PLANTATION, Fla., Oct. 22, 2009 (GLOBE NEWSWIRE) -- TradeStation Group, Inc. (Nasdaq: TRAD) today reported the following business metrics for the month ended September 30, 2009:
-- 82,246 Daily Average Revenue Trades (DARTs) -- Total client assets of $2.0 billion (as of September 30, 2009) -- Average equities client credit balances of $857 million -- Average equities client margin balances of $36 million
Year over year, TradeStation's DARTs decreased 34%, total client assets increased 14%, average equities client credit balances increased 31%, and average equities client margin balances decreased 57%. Below in tabular format are year-over-year comparisons of those metrics on both a monthly and quarterly basis:
TradeStation Securities
Business Metrics
Qtr Ended
9/30/09
Sept-09 vs.
vs. Qtr Ended Qtr Ended Qtr Ended
Sept-09 Sept-08 Sept-08 9/30/09 9/30/08 9/30/08
------- ------- ------- --------- --------- ---------
Trading Days 21.0 21.0 N.M. 64.0 63.5 N.M.
Daily Average
Revenue Trades
(DARTs) 82,246 124,368 -34% 79,577 108,507 -27%
Total Client
Assets ($MM),
end of period $1,987 $1,743 14% $1,987 $1,743 14%
Average Equities
Client Credit
Balances ($MM) $857 $654 31% $831 $650 28%
Average Equities
Client Margin
Balances ($MM) $36 $83 -57% $37 $88 -58%
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, 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.
CONTACT: David H. Fleischman
Chief Financial Officer
TradeStation Group, Inc.
954-652-7000
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