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TradeStation Begins Transformation of TradeStation Strategy Network to a Rich Online Marketplace of Value-Added Trading Analysis Tools
15 2014, 09:45 | TradeStation, Strategy, trading, products, Securities, company, their, Exchange, clients, Inc, Statements, Our, offers, Group, tools, subsidiary, Services, Options
PLANTATION, Fla., Jan. 12, 2011 (GLOBE NEWSWIRE) TradeStation (Nasdaq:TRAD News), the award-winning broker-dealer and futures commission merchant, announced today the start of major enhancements to TradeStation Strategy Network, which is hosted and offered by its affiliate, TradeStation Technologies. These enhancements, once fully completed, will transform TradeStation Strategy Network to an app store-styled marketplace of trading software strategies, trading indicators and other analysis tools that are created by independent trading software developers to run on TradeStation. this should offer TradeStation brokerage customers hundreds of new tools they may incorporate in their trading strategies and decision making. Starting today, independent developers who offer their products in the TradeStation Strategy Network marketplace will provide free trials of those products to TradeStation customers, who can then use those products, without risk or commitment of any kind, in TradeStations simulated trading environment. this means TradeStation clients can now analyze, back-test, optimize and automate strategies, and execute orders as paper trades, getting both the benefit of seeing firsthand how the product works and whether it is right for them, while placing none of their capital at risk. These free trials can be easily, quickly and seamlessly downloaded and delivered directly to the customers TradeStation platform. TradeStation Strategy Network also now has a new look and feel, consolidating the pages of the site to make it easier for clients to find the information they need to determine which products may be right for them. to help people choose, TradeStation Strategy Network has also added ratings or reviews from clients who have already used the products. over the next few months, TradeStation Technologies expects to release new updates to TradeStation Strategy Network that will include more types of independent trading analysis products, such as trading indicators and ShowMe(R) and PaintBar(R) graphical analytics. the company also plans to expand TradeStation Strategy Networks support for TradeStations premium applications, including its state-of-the-art RadarScreen(R) market scanning product. Our planned new app store format, which we expect to roll out next quarter, will expand and deepen our TradeStation Strategy Network offering, providing a vibrant, diversified marketplace of trading tool products that can enrich our clients TradeStation experience and help support their decision making, said Salomon Sredni, the CEO of TradeStation Group, TradeStation and TradeStation Technologies parent company. The enhancements announced today are an important step towards achieving that goal. For more information, visit our website at http://strategynetwork.tradestation.com. About TradeStation Group, Inc. TradeStation Group, Inc. (Nasdaq:TRAD News), 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 companys 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. Forward-Looking Statements Issues, Uncertainties and Risk Factors this press release contains statements that are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words will, should, expect(s), plans, planned, can, steps toward, and similar expressions regarding the release of updates, operation, or potential value or success of TradeStation Strategy Network are intended to identify forward-looking statements. All forward-looking statements are based largely on current expectations and beliefs concerning future events that are subject to substantial risks and uncertainties. Actual results may differ materially from the results herein suggested. Factors that may cause or contribute to the various potential differences include, but are not limited to, the following: There can be no assurance that many brokerage customers will meaningfully utilize the TradeStation Strategy Network, or, if they do, that such use will increase their trading activities on TradeStation or that new customers will be attracted to TradeStation because of TradeStation Strategy Network. Please also see other issues, risks and uncertainties indicated from time to time in the companys filings with the Securities and Exchange Commission, including, but not limited to, the companys Annual Report on Form 10-K for the fiscal year ended December 31, 2009, its 2010 quarterly releases on Form 10-Q and other SEC filings, and company press releases, conference calls and public presentations or statements.
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