PLANTATION, Fla., Feb. 19, 2008 (PRIME NEWSWIRE) -- TradeStation Group, Inc. (Nasdaq:TRAD) today reported the following business metrics for the month ended January 31, 2008:
-- 115,338 Daily Average Revenue Trades (DARTs) -- Total client assets of $1.7 billion (as of January 31, 2008) -- Average equities client credit balances of $587 million -- Average equities client margin balances of $93 million
Year over year, TradeStation's DARTs increased 71%, total client assets increased 7%, average equities client credit balances increased 12%, and average equities client margin balances increased 26%. Below in tabular format are year-over-year comparisons of those metrics on both a monthly and quarterly basis:
TradeStation Securities
Business Metrics
Q1-08
Jan-08 QTD* vs.
vs. Q1-08 Qtr Ended Qtr Ended
Jan-08 Jan-07 Jan-07 QTD* 3/31/07 3/31/07
---------------------------------------------------------
Trading Days 21.0 20.0 N.M. 21.0 61.0 N.M.
Daily Average
Revenue
Trades
(DARTs) 115,338 67,489 71% 115,338 70,187 64%
Total Client
Assets
($MM), end
of period $1,735 $1,620 7% $1,735 $1,643 6%
Average
Equities
Client
Credit
Balances
($MM) $587 $525 12% $587 $535 10%
Average
Equities
Client
Margin
Balances
($MM) $93 $74 26% $93 $73 27%
Additional information regarding the company's business metrics can be found on TradeStation Group's Web site at www.tradestation.com/aboutus/businessmetrics.shtm.
*Q1-08 quarter-to-date (QTD) means results for the month ended January 31, 2008.
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 "direct market access" (DMA) or "direct-access" 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 American Stock Exchange, Boston Options Exchange, Chicago Board Options Exchange, Chicago Stock Exchange, International Securities Exchange, NYSE ARCA and Philadelphia Stock Exchange. 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.