PLANTATION, Fla., Nov. 3, 2009 (GLOBE NEWSWIRE) -- TradeStation Group, Inc. (Nasdaq:TRAD) today reported the following business metrics for the month ended October 31, 2009:
- 87,193 Daily Average Revenue Trades (DARTs)
- Total client assets of $2.0 billion (as of October 31, 2009)
- Average equities client credit balances of $865 million
- Average equities client margin balances of $44 million
Year over year, TradeStation's DARTs decreased 40%, total client assets increased 25%, average equities client credit balances increased 32%, and average equities client margin balances decreased 10%. Below in tabular format are year-over-year comparisons of those metrics on both a monthly and quarterly basis:
TradeStation Securities
Business Metrics
Q4-09 QTD*
Oct-09 vs. Qtr
vs. Q4-09 Qtr Ended Ended
Oct-09 Oct-08 Oct-08 QTD* 12/31/08 12/31/08
------- ------- ------- ------- --------- ----------
Trading Days 22.0 23.0 N.M. 22.0 63.0 N.M.
Daily Average
Revenue Trades
(DARTs) 87,193 145,397 -40% 87,193 121,195 -28%
Total Client
Assets ($MM),
end of period $2,005 $1,598 25% $2,005 $1,590 26%
Average
Equities
Client Credit
Balances ($MM) $865 $657 32% $865 $664 30%
Average
Equities
Client Margin
Balances ($MM) $44 $49 -10% $44 $38 16%
Additional information regarding the company's business metrics can be found on TradeStation Group's Web site at www.tradestation.com/aboutus/businessmetrics.shtm.
*Q4-09 quarter-to-date (QTD) means results for the month ended October 31, 2009.
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.