Award-Winning Online Brokerage Turns Trading Dream Into Reality
Demonstrates Power of Highly Customizable Platform
PLANTATION, Fla., Feb. 28, 2012 (GLOBE NEWSWIRE) -- Today, William Hawk of San Jose, CA, was officially announced the winner of TradeStation's "Trade Free for Life" contest. The contest encouraged US-based traders to submit their most creative "If only I could . . ." idea to best analyze and trade financial markets.
Hawk submitted an idea that was chosen from more than 300 entries. His winning idea, "to compare the relative strength of the major market industry sectors to the best and worst performing stocks in each of those sectors," is now a new analysis technique available to all TradeStation clients.
Hawk is retired, having served in the US Navy and worked in the defense industry for more than 40 years. A long time equities investor, he recently started to swing and day trade in equities using the TradeStation platform.
"Although there were many excellent entry submissions, William's idea had the biggest trading and analysis impact for the largest number of our clients," says Erik Jepson, the company's Vice President of Marketing. The new tool identifies trading opportunities among the strongest and weakest economic industry sectors – looking for the strongest and weakest stocks within those sectors.
TradeStation will award Hawk the option of a futures or equities brokerage account that will be commission-free for life. Hawk's tool – complete with documentation and a training video – is now available to all TradeStation customers at http://www.tradestation.com/education/university/school-of-tradestation-basics/quick-tips/market-analysis.
TradeStation's proprietary technology offers sophisticated analysis capabilities for every level of trader, along with the ability to back-test and paper-trade ideas. 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, named "Best Online Broker" by Barron's magazine in 2011, and a wholly owned subsidiary of Monex Group, Inc. (TSE:8698), was built as a complete solution for the committed trader. The company's award-winning technology can back-test and automate even highly customized, multi-parameter trading strategies.
Interviews are available with TradeStation's Vice President of Marketing, Erik Jepson,
and
Vice President of Client Training and Education, Michael Burke
About TradeStation:
TradeStation is an award-winning online brokerage firm and trading platform. In March 2011, Barron's magazine, in its annual review of 24 online brokerage firms, ranked TradeStation the #1 online brokerage firm in the United States, as well as #1 for Frequent Traders, Trading Technology, and Customer Service and Education. In February 2011, TradeStation won for Best Trading System – Stocks, Best Trading System – Futures, Best Institutional Platform, Best Professional Platform, Best Online Analytical Platform and Best Real-Time Data in the annual Readers' Choice Awards given by Technical Analysis of Stocks & Commodities magazine. Also in February 2011, TradeStation was ranked the #1 online brokerage in the U.S. by TraderPlanet.com and SFO magazine in their 2010 Superior Trading and Resource (STAR) Awards.
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 acquired IBFX Holdings, LLC in November 2011, expanding TradeStation's forex business in the U.S. and globally. TradeStation is a wholly owned subsidiary of Monex Group, one of the largest online financial services providers in Japan.
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.