PLANTATION Fla., Dec. 2, 2009 (GLOBE NEWSWIRE) -- TradeStation Group, Inc. (Nasdaq:TRAD) today reported the following business metrics for the month ended November 30, 2009:
- 81,906 Daily Average Revenue Trades (DARTs)
- Total client assets of $2.0 billion (as of November 30, 2009)
- Average equities client credit balances of $876 million
- Average equities client margin balances of $44 million
Year over year, TradeStation's DARTs decreased 33%, total client assets increased 31%, average equities client credit balances increased 32%, and average equities client margin balances increased 22%. Below in tabular format are year-over-year comparisons of those metrics on both a monthly and quarterly basis:
TradeStation Securities
Business Metrics
Q4-09
Nov-09 QTD* vs.
vs. Q4-09 Qtr Ended Qtr Ended
Nov-09 Nov-08 Nov-08 QTD* 12/31/08 12/31/08
----------------------------------------------------
Trading Days 19.5 18.5 N.M. 41.5 63.0 N.M.
Daily Average
Revenue Trades
(DARTs) 81,906 122,675 -33% 84,709 121,195 -30%
Total Client
Assets ($MM),
end of period $2,028 $1,553 31% $2,028 $1,590 28%
Average Equities
Client Credit
Balances ($MM) $876 $663 32% $870 $664 31%
Average Equities
Client Margin
Balances ($MM) $44 $36 22% $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 two-month period ended November 30, 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.