PLANTATION, Fla., Jan. 6, 2009 (GLOBE NEWSWIRE) -- TradeStation Group, Inc. (NasdaqGS:TRAD - News) today reported the following business metrics for the month ended December 31, 2008:
* 94,030 Daily Average Revenue Trades (DARTs) * Total client assets of $1.6 billion (as of December 31, 2008) * Average equities client credit balances of $672 million * Average equities client margin balances of $30 million
Year over year, TradeStation's DARTs increased 22%, total client assets decreased 11%, average equities client credit balances increased 12%, and average equities client margin balances decreased 70%. Below in tabular format are year-over-year comparisons of those metrics on both a monthly and quarterly basis:
TradeStation Securities
Business Metrics
Qtr Ended
12/31/08
Dec-08 Qtr Qtr vs. Qtr
vs. Ended Ended Ended
Dec-08 Dec-07 Dec-07 12/31/08 12/31/07 12/31/07
----------------------------------------------------
Trading Days 21.5 19.5 N.M. 63.0 63.0 N.M.
Daily Average
Revenue Trades
(DARTs) 94,030 77,033 22% 121,195 90,224 34%
Total Client
Assets ($MM),
end of period $1,590 $1,789 -11% $1,590 $1,789 -11%
Average Equities
Client Credit
Balances ($MM) $672 $598 12% $664 $582 14%
Average Equities
Client Margin
Balances ($MM) $30 $99 -70% $38 $97 -61%
Additional information regarding the company's business metrics can be found on TradeStation Group's Web site at http://www.tradestation.com/aboutus/businessmetrics.shtm.
About TradeStation Group, Inc. ------------------------------
TradeStation Group, Inc. (NasdaqGS: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 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.
David H. Fleischman
Chief Financial Officer
TradeStation Group, Inc.
954-652-7000
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