PLANTATION, Fla., Oct. 28, 2008 (GLOBE NEWSWIRE) -- TradeStation Securities, a pioneer and leader in rule-based trading for experienced active traders, today announced the launch of TradeStation Scanner, a customizable tool that allows customers to scan the entire market in seconds to locate symbols that meet their custom screening criteria.
TradeStation Scanner, a primary feature of version 8.4 of the TradeStation platform, allows users to scan, sort and rank thousands of symbols by price, volume or any of more than 500 fundamental data indicators to create custom symbol lists. They can then further screen symbols using their own custom EasyLanguage analytical techniques for a variety of time intervals, from tick-by-tick, to one-minute, to daily, to monthly.
"This custom scanning tool reflects our ongoing commitment to serious active traders by providing them with the analytical tools they need to help meet the challenge of creating effective, rule-based trading strategies for today's markets," said Salomon Sredni, CEO of TradeStation Group, the parent company of TradeStation. "TradeStation Scanner leverages the power of our award-winning trading platform, vast network of data and the customizable features of our proprietary EasyLanguage analytical tools."
"Unlike other scanning tools that use only pre-set indictors to sort and rank symbols, TradeStation Scanner enables traders to scan the market using TradeStation's extensive database of fundamental and technical data, and then further screen the symbols generated using customizable EasyLanguage analytical techniques that meet their specific criteria," said Stanley Dash, Director of Technical Analysis for TradeStation Securities.
TradeStation Scanner's advanced functionality includes: a "scan wizard" that walks users through the process of creating and saving the results of their scans; the ability to link scans run on a broad universe of symbols to those run on a smaller list of symbols using more precise scanning logic; an "Added/Dropped" tab that displays all symbols that have been added or dropped from the previous scan; and the ability to quickly place orders from scan results.
More information about the numerous features and benefits of TradeStation can be found at www.TradeStation.com.
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 Euronext, 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.