PLANTATION, Fla., June 3, 2008 (PRIME NEWSWIRE) -- TradeStation Group, Inc. (Nasdaq:TRAD) today reported the following business metrics for the month ended May 31, 2008:
* 88,180 Daily Average Revenue Trades (DARTs) * Total client assets of $1.8 billion (as of May 31, 2008) * Average equities client credit balances of $627 million * Average equities client margin balances of $92 million
Year over year, TradeStation's DARTs increased 28%, total client assets increased 11%, average equities client credit balances increased 14%, and average equities client margin balances increased 24%. Below in tabular format are year-over-year comparisons of those metrics on both a monthly and quarterly basis:
TradeStation Securities
Business Metrics
Q2-08
QTD*
vs.
May-08 Qtr Qtr
vs. Q2-08 Ended Ended
May-08 May-07 May-07 QTD* 6/30/07 6/30/07
--------------------------------------------------
Trading Days 21.0 22.0 N.M. 43.0 63.0 N.M.
Daily Average
Revenue
Trades (DARTs) 88,180 68,663 28% 89,167 71,117 25%
Total Client
Assets
($MM), end
of period $1,808 $1,625 11% $1,808 $1,661 9%
Average Equities
Client Credit
Balances ($MM) $627 $549 14% $617 $544 13%
Average Equities
Client Margin
Balances ($MM) $92 $74 24% $89 $76 17%
Additional information regarding the company's business metrics can be found on TradeStation Group's Web site at www.tradestation.com/aboutus/businessmetrics.shtm.
*Q2-08 quarter-to-date (QTD) means results for the two-month period ended May 31, 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 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 American Stock Exchange, Boston Options Exchange, Chicago Board Options Exchange, Chicago Stock Exchange, International Securities Exchange, NASDAQ OMX, NYSE-Euronext, 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.