PLANTATION, Fla., Sept. 12, 2012 (GLOBE NEWSWIRE) -- TradeStation, the award-winning broker-dealer and futures commission merchant, and a wholly owned subsidiary of Monex Group, Inc. (TSE:8698), announced today that Salomon Sredni has been selected by the South Florida Business Journal in the 2012 Broward Ultimate CEO Awards.
The Broward Ultimate CEO Awards honors 10 Broward County CEOs, giving the community the opportunity to recognize exceptional leaders who have set the standard in the corporate community.
Mr. Sredni currently serves as President and Chief Executive Officer of TradeStation Group, Inc., and was appointed Chief Operating Officer of Monex Group, Inc. in November 2011 and Director in June of this year. He is also a member of the Global Management Committee of Monex Group, Inc.
"I am very proud to be named one of the top 10 Broward County CEOs," said Mr. Sredni. "To be named alongside the other well-respected CEOs in my community is quite an honor. The reality is that TradeStation could not have achieved the level of success that it has without the talent, loyalty, passion and commitment of the individuals I work with. This award is also a tribute to their hard work and success, and I am deeply grateful to have the opportunity to lead such an incredibly talented team."
TradeStation Securities, Inc. is the seventh largest online brokerage firm in the United States in terms of Daily Average Revenue Trades (DARTs). Under Mr. Sredni's leadership, the TradeStation platform has won numerous awards. In March 2012, TradeStation Securities, Inc. received the highest overall star rating (4½ stars) by Barron's magazine in its annual review of 24 online brokerage firms.
Mr. Sredni joined TradeStation Group in 1996 as Vice President of Operations and Chief Financial Officer, and was named Treasurer and a Director of the Company the following year. In 1999, he was named President and Chief Operating Officer, and became Chief Executive Officer and President in 2007. In 2009, Mr. Sredni was elected Chairman of the Board and held this position until the company was acquired by Monex Group, Inc. in June 2011.
Mr. Sredni serves and has served on the boards of various nonprofit organizations in the community, including the David Posnack Hebrew Day School (where he served as Chairman of the Board for two years), the Jewish Federation of Broward County and the Jewish Community Foundation. He is a founding member of the Miami chapter of the Young Presidents Organization, where he served as chairman for two terms. He is also a member of the Orange Bowl Committee and a member of the Ambassadors Board of Nova Southeastern University. Mr. Sredni is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants and the Florida Institute of Certified Public Accountants. He has a bachelor's degree in accounting from Pennsylvania State University.
About TradeStation Group, Inc.
TradeStation is an award-winning online brokerage firm and trading platform. In March 2012, Barron's magazine, in its annual review of 24 online brokerage firms, awarded TradeStation its highest overall star ranking (4½ stars), as well as Best for Frequent Traders, Best Trading Experience and Technology and Best for International Traders. Also in March 2012, 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.
TradeStation Group, Inc., through its principal operating subsidiaries, TradeStation Securities, Inc. and IBFX, Inc., offers analytical and trading platforms to the active trader and certain institutional trader markets. The TradeStation platform offers electronic order execution and enables clients to design, test, optimize, monitor and automate their own custom equities, options, futures and forex trading strategies. TradeStation Group 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. IBFX, Inc. (Member NFA) is a Retail Foreign Exchange Dealer (RFED) that provides forex brokerage services directly and through its TradeStation Forex division. The company's technology subsidiary, TradeStation Technologies, Inc., develops and offers strategy trading software tools and subscription services. TradeStation Europe Limited, an FSA-authorized brokerage firm, introduces UK and other European accounts to TradeStation Securities, Inc. and IBFX, Inc.