PLANTATION, Fla., Oct. 24, 2011 (GLOBE NEWSWIRE) -- Recent stock market volatility has even the most experienced traders looking for new ways to find opportunities. Yet while traders might envision new ways to analyze markets, they are of little value if their trading platform cannot actually perform that analysis. Now, however, an innovative idea for an analysis tool could win its creator a chance to see it brought to life – and to trade free for life with TradeStation.
TradeStation's platform is flexible and powerful enough to allow traders to create their own analysis tools and trading strategies – a feature many other trading platforms don't offer. Now TradeStation is willing to prove how customizable its platform can be with this "Trade Free for Life" contest. The contest encourages U.S.-based traders, 21 years of age and older, to submit their most creative "If only I could . . ." idea to best analyze and trade financial markets. TradeStation will offer one prize winner a commission-free futures or equities brokerage account.
TradeStation, named "Best Online Broker" by Barron's magazine in 2011, and a wholly owned subsidiary of Monex Group, Inc. [TSE: 8698], a major online financial services provider, was built as a complete solution for the committed trader. The company's award-winning technology can automate even the most complex, multi-parameter trading strategies.
The trading software offers sophisticated analysis capabilities for every level of trader, as well as the ability to back-test and paper-trade ideas beforehand. Its extensive market databases include both intraday data and more than 1,000 fundamental data fields. Traders have access to a variety of multimedia educational resources to help generate new trading ideas and improve trading skills.
"TradeStation's custom automation gives traders enormous analysis and trading possibilities," says Erik Jepson, the company's Vice President of Marketing. "We're encouraging traders to get creative and develop their dream strategy. It could win them a chance to trade free for life."
Between October 24, 2011, and November 20, 2011, TradeStation invites traders to submit one entry at www.tradestation.com or on its Facebook page at www.facebook.com/tradestation. A panel of TradeStation product management, marketing and other executives will serve as judges and select the winning entry based on a subjective assessment of originality and merit. The contest is open to residents of the 50 U.S. states.
For additional information on TradeStation and "Trade Free for Life," please visit http://www.tradestation.com/TradeFreeForLife.
About TradeStation Group, Inc.
TradeStation Group, Inc. through its principal operating subsidiaries, TradeStation Securities, Inc. and TradeStation Forex, Inc. offers the TradeStation analysis and trading platform to the active trader and certain institutional trader markets. The TradeStation platform 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. Its TradeStation Prime Services division, based in New York, seeks to provide prime brokerage services, including securities lending, to small and mid-sized hedge funds and other firms. TradeStation Forex, Inc. (Member NFA) is a Retail Foreign Exchange Dealer (RFED) that exclusively provides the company's Forex brokerage offering. 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, Inc. and TradeStation Forex, Inc.
About Monex Group, Inc.
Monex Group, Inc. (Tokyo Stock Exchange 1st section: 8698), including its main subsidiary Monex Inc. (Tokyo, Oki Matsumoto, Chairman and CEO), an online securities brokerage, provides advanced and unique financial services to individual investors. Monex Group has been a pioneer among Japanese online securities brokers since the complete liberalization of commissions and fees in stock brokerages in 1999. Monex relentlessly strives to offer its customers in Japan innovative products and services and has established its reputation as a unique independent financial institution group. Its services cover M&A advisory, debt & equity underwriting, asset management focusing on alternative investments, investment education, and other investment banking functions along with an online distribution network to more than 1.2 million individual investors in Japan.
Monex Group aims to globalize its customer base and businesses in addition to enhancing its global product line and services. Specifically, in recent years, Monex has embarked on an ambitious plan to strengthen its products and services globally by focusing its expansion efforts to date on the growing Chinese market, by opening representative offices in Beijing and acquiring BOOM Securities (HK) Limited and its group companies in Hong Kong. As a core element in the further expansion and global diversification of its businesses, it has been seeking opportunities to expand into the U.S. market, which it saw as the missing pillar in achieving a truly global platform. The acquisition of TradeStation provides Monex with an immediate expansion and strong commercial presence in the U.S. online brokerage market.
INTERVIEWS ARE AVAILABLE WITH TRADESTATION
VICE PRESIDENT OF MARKETING, ERIK JEPSON