PLANTATION, Fla., April 4, 2014 (GLOBE NEWSWIRE) -- TradeStation, a Monex Group company (Monex Group, Inc. is listed on the first section of the Tokyo Stock Exchange, code: 8698), issued the following statement today from Salomon Sredni, CEO of TradeStation Group:
TradeStation is proud to announce we have started working with IEX to provide connectivity and access to its new and growing market center. In recent days IEX has been very vocal about its dedication to institutionalizing fairness in the markets. At TradeStation, we fully support innovation and technology that aim to evolve market structure and provide a level playing field for all.
We have been troubled by recent reports in the media that high-frequency traders are taking advantage of information to which, legally or not, they have access and are using this information to gain an unfair advantage over retail and institutional investors and traders. We believe that the industry and regulators will investigate and address the issues that have been raised. TradeStation is committed to avoiding all conflicts with our customers by not engaging in any proprietary trading.
To speak with an account executive about TradeStation or to open an equities, futures or forex account with TradeStation, call 1-800-808-9336 or visit http://www.tradestation.com. Institutional traders should call 1-800-579-7616.
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.