TradeStation Group Reports Monthly Business Metrics
March 02 2011 - 7:40AM
TradeStation Group, Inc. (Nasdaq:TRAD) today reported the following
business metrics for the month ended February 28, 2011:
- 84,760 Daily Average Revenue Trades (DARTs)
- Total client assets of $2.4 billion (as of February 28,
2011)
- Average equities client credit balances of $1.0 billion
- Average equities client margin balances of $66 million
Year over year, TradeStation's DARTs remained approximately the
same, total client assets increased 15%, average equities client
credit balances increased 15%, and average equities client margin
balances increased 35%. Below in tabular format are
year-over-year comparisons of those metrics on both a monthly and
quarterly basis:
TradeStation
Securities |
|
Business
Metrics |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Feb-11 |
Feb-10 |
Feb-11 vs.
Feb-10 |
Q1-11 QTD* |
Qtr Ended
3/31/10 |
Q1-11
QTD* vs. Qtr Ended 3/31/10 |
Trading Days |
19.0 |
19.0 |
N.M. |
39.0 |
61.0 |
N.M. |
|
|
|
|
|
|
|
Daily Average Revenue Trades (DARTs) |
84,760 |
85,008 |
0% |
84,235 |
80,192 |
5% |
|
|
|
|
|
|
|
Total Client Assets ($MM), end of period |
$2,388 |
$2,085 |
15% |
$2,388 |
$2,123 |
12% |
|
|
|
|
|
|
|
Average Equities Client Credit Balances
($MM) |
$1,007 |
$878 |
15% |
$995 |
$879 |
13% |
|
|
|
|
|
|
|
Average Equities Client Margin Balances
($MM) |
$66 |
$49 |
35% |
$66 |
$48 |
38% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
*Q1-11 quarter-to-date (QTD) means results for the two-month
period ended February 28, 2011.
Additional information regarding the company's business metrics
can be found on TradeStation Group's Web site at
www.tradestation.com/aboutus/businessmetrics.shtm.
About TradeStation Group, Inc.
TradeStation Group, Inc. (Nasdaq:TRAD), through its brokerage
subsidiaries, 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, DTCC,
OCC & NFA) is a licensed securities broker-dealer and a
registered futures commission merchant, and also a member of
various exchanges. 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. TradeStation Forex,
Inc. (Member NFA) is a Retail Foreign Exchange Dealer (RFED) that
is expected to launch and offer exclusively the company's new forex
brokerage offering beginning later this quarter. 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 and, once operational,
TradeStation Forex.
CONTACT: David H. Fleischman
Chief Financial Officer
TradeStation Group, Inc.
954-652-7000
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