PLANTATION, Fla., Sept. 2, 2010 (GLOBE NEWSWIRE) -- TradeStation Securities, Inc. (Member: NYSE, FINRA & NFA) will be ringing The Closing Bell® at the New York Stock Exchange (NYSE) today to celebrate its recent floor membership and booth presence at the NYSE. The invitation from NYSE is tied to TradeStation's recent launch of its TradeStation Prime Services division, which is based in New York at 400 Madison Avenue, and was formed to serve the needs of start-up to mid-sized hedge funds, registered investment advisers, professional traders and asset managers who need quality prime brokerage services, including execution and clearance, securities lending, capital introduction, and "incubation" services. TradeStation is a clearance member with DTCC and OCC for equities and options, serves its futures accounts on an omnibus clearance basis, and has a full NYSE floor membership that allows it to execute trades on behalf of clients on the NYSE floor, as well as on other exchanges from its NYSE floor booth (known as "Blue Line" business). TradeStation also introduces institutional accounts to J. P. Morgan Clearing Corp., as clearing agent.
"We are pleased to celebrate the new steps we are taking to serve the institutional trader market," said Salomon Sredni, Chairman and Chief Executive Officer of TradeStation Group, Inc., the parent company of TradeStation Securities. "We have come a long way from being a small trading software company in the 1990's to what we are today: the seventh largest online brokerage firm, based on daily trading volume, in the United States, and one that provides a state-of-the-art, award-winning platform to active serious traders, including segments of the buy-side institutional trader market."
NYSE Closing Bell Details
A live webcast of The Closing Bell will be available for viewing at NYSE's website at www.nyx.com at 3:59 p.m. ET as well as at www.TradeStation.com, and can be seen live on the giant screen on the W Hotel in Times Square, New York. The Closing Bell can also be seen live on CNBC, Fox Business News, Reuters TV and CNN. An archive of the bell ringing will be available at approximately 30 minutes following the event.
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, DTCC, 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. Its TradeStation Prime Services division, based in New York, seeks to provide prime brokerage services to small and mid-sized hedge funds and other firms. 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.
CONTACT: Media Contact: Loren Lopez TradeStation Group, Inc. (954) 652-7011 firstname.lastname@example.org