PLANTATION, Fla., Oct. 13, 2014 (GLOBE NEWSWIRE) -- TradeStation Forex, a division of IBFX, Inc., a Monex Group company (Monex Group, Inc. is listed on the first section of the Tokyo Stock Exchange, code: 8698), today announced the launch of TradeStation Ifx, a new forex brokerage service on the TradeStation platform designed to meet the specialized needs of professional and high-net-worth foreign exchange traders and investors.
TradeStation Ifx will enable professional clients to trade forex using TradeStation's award-winning platform while providing access to institutional levels of market liquidity. TradeStation Ifx combines the TradeStation platform's advanced analysis capabilities – such as dynamic market scanning and chart pattern-recognition tools – with deep and wide-ranging sources of both bank and non-bank liquidity.
TradeStation Ifx complements the company's retail forex offering, which enables clients to trade commission-free with tight spreads and fractional pips, and its Active Trader Program, which offers the most serious retail forex traders some of the most competitive pricing in the industry, with spreads as low as 1 pip and no commissions or platform fees. Together, TradeStation's three forex offerings – retail, Active Trader and TradeStation Ifx – are designed to provide a complete trading solution for individual and institutional clients at every level.
"We believe TradeStation Ifx offers professional and high-net-worth currency traders an unparalleled combination of advanced trading technology and access to broad, deep liquidity," said Gary Weiss, President of TradeStation Forex. "This new offering is the latest addition to the growing institutional services business of TradeStation Group, which currently offers customized quantitative trading solutions and brokerage services across multiple asset classes."
To speak with an account executive about TradeStation Forex's institutional services, call 212.847.5959 or email InstitutionalFX@TradeStation.com.
About TradeStation Group, Inc.
TradeStation Group, Inc., through its principal operating subsidiaries, TradeStation Securities, Inc. and IBFX, Inc. (a/k/a TradeStation Forex), offers the TradeStation analysis and trading platform 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, Inc., 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 (FCM), and also a member of the BATS Y-Exchange, BATS-Z Exchange, BOX Options Exchange, Chicago Board Options Exchange, Chicago Stock Exchange, EDGA Exchange, EDGX Exchange, International Securities Exchange, NASDAQ OMX BX, NASDAQ OMX PHLX, NASDAQ Stock Market, NYSE Arca and NYSE Mkt. 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 the company's forex brokerage offering, and IBFX Australia Pty Ltd (ASIC regulated) provides forex brokerage services outside of the United States. The London-based subsidiary, TradeStation Europe Limited (FCA regulated), introduces UK and other European accounts to TradeStation Securities, Inc. and IBFX, Inc. The company's technology subsidiary, TradeStation Technologies, Inc., develops and offers strategy trading software tools and subscription services, and hosts the TradingApp® Store.