PLANTATION, Fla., June 2, 2009 (GLOBE NEWSWIRE) -- TradeStation Group, Inc. (Nasdaq:TRAD) today reported the following business metrics for the month ended May 31, 2009:
* 102,028 Daily Average Revenue Trades (DARTs) * Total client assets of $1.9 billion (as of May 31, 2009) * Average equities client credit balances of $778 million * Average equities client margin balances of $31 million
Year over year, TradeStation's DARTs increased 16%, total client assets increased 3%, average equities client credit balances increased 24%, and average equities client margin balances decreased 66%. Below in tabular format are year-over-year comparisons of those metrics on both a monthly and quarterly basis:
TradeStation Securities Business Metrics Q2-09 May-09 QTD* vs. vs. Q2-09 Qtr Ended Qtr Ended May-09 May-08 May-08 QTD* 6/30/08 6/30/08 ---------------------------------------------------- Trading Days 20.0 21.0 N.M. 41.0 64.0 N.M. Daily Average Revenue Trades (DARTs) 102,028 88,180 16% 103,507 91,121 14% Total Client Assets ($MM), end of period $1,868 $1,808 3% $1,868 $1,801 4% Average Equities Client Credit Balances ($MM) $778 $627 24% $765 $623 23% Average Equities Client Margin Balances ($MM) $31 $92 -66% $29 $92 -68%
Additional information regarding the company's business metrics can be found on TradeStation Group's Web site at www.tradestation.com/aboutus/businessmetrics.shtm.
*Q2-09 quarter-to-date (QTD) means results for the two-month period ended May 31, 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.