PLANTATION, Fla., March 4, 2008 (PRIME NEWSWIRE) -- TradeStation Group, Inc. (Nasdaq:TRAD) today reported the following business metrics for the month ended February 29, 2008:
* 103,453 Daily Average Revenue Trades (DARTs)
* Total client assets of $1.7 billion (as of February 29, 2008)
* Average equities client credit balances of $595 million
* Average equities client margin balances of $85 million
Year over year, TradeStation's DARTs increased 51%, total client assets increased 5%, average equities client credit balances increased 13%, and average equities client margin balances increased 12%. Below in tabular format are year-over-year comparisons of those metrics on both a monthly and quarterly basis:
TradeStation Securities
Business Metrics
Q1-08
QTD* vs.
Feb-08 Qtr Qtr
vs. Q1-08 Ended Ended
Feb-08 Feb-07 Feb-07 QTD* 3/31/07 3/31/07
-----------------------------------------------------
Trading Days 20.0 19.0 N.M. 41.0 61.0 N.M.
Daily Average
Revenue Trades
(DARTs) 103,453 68,531 51% 109,541 70,187 56%
Total Client
Assets ($MM),
end of period $1,696 $1,615 5% $1,696 $1,643 3%
Average Equities
Client Credit
Balances ($MM) $595 $526 13% $591 $535 10%
Average Equities
Client Margin
Balances ($MM) $85 $76 12% $89 $73 22%
Additional information regarding the company's business metrics can be found on TradeStation Group's Web site at www.tradestation.com/aboutus/businessmetrics.shtm.
*Q1-08 quarter-to-date (QTD) means results for the two-month period ended February 29, 2008.
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 "direct market access" (DMA) or "direct-access" 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 American Stock Exchange, Boston Options Exchange, Chicago Board Options Exchange, Chicago Stock Exchange, International Securities Exchange, NYSE ARCA and Philadelphia Stock Exchange. 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.