PLANTATION, Fla., Oct. 22, 2009 (GLOBE NEWSWIRE) -- TradeStation Group, Inc. (Nasdaq:TRAD - News) today reported the following business metrics for the month ended September 30, 2009:
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 | ||||||
| Sept-09 | Sept-08 |
Sept-09 vs. Sept-08 |
Qtr Ended 9/30/09 |
Qtr Ended 9/30/08 |
Qtr Ended 9/30/09 vs. Qtr Ended 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 - News), 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.
David H. Fleischman
Chief Financial Officer
TradeStation Group, Inc.
954-652-7000
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