PLANTATION, Fla., Dec. 17, 2013 (GLOBE NEWSWIRE) -- TradeStation, a Monex Group company (Monex Group, Inc. listed on the first section of the Tokyo Stock Exchange, code: 8698), today announced that it has implemented new "unbundled" equities commission pricing designed to benefit traders who trade very actively and seek lower trading costs. The new pricing plan will give participating clients the flexibility to route their orders directly to exchanges or market centers that offer fees and rebates with the potential to offer considerable commission savings.
The new commission plan builds on TradeStation's efforts to develop pricing options that give equities and options traders greater flexibility and better value in choosing commission plans that best align with their trading frequency and style. TradeStation recently unveiled new, lower-priced "flat-fee" equities and ETF pricing to benefit active traders, as well as new "flat-fee" options pricing. TradeStation also offers per-share equities and per-contract options pricing to clients who prefer those pricing alternatives.
"Unbundled pricing continues our efforts to provide clients with the greatest possible flexibility and value in choosing their commission plans," said Salomon Sredni, CEO of TradeStation Group, Inc. and COO of Monex Group, Inc. "Each exchange or market center charges different fees and awards rebates based on how a trader's order interacts with the markets. Unbundled pricing will give clients the ability to route their orders to the exchange or market center offering pricing that best suits their trading style and objectives. We'll continue to review and revise our menu of pricing options to ensure that TradeStation offers flexible, value-added pricing for traders at every level."
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 www.tradestation.com. Institutional traders should call 1-800-579-7616.
To receive updates and learn about future events, please visit the TradeStation Facebook Page.
About TradeStation Group, Inc.
TradeStation Group, Inc., through its principal operating subsidiaries, TradeStation Securities, Inc. and IBFX, Inc., offers analytical and trading platforms 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, one of the largest online financial services providers in Japan, listed on the first section of the Tokyo Stock Exchange (code:8698).
TradeStation Securities, Inc. (Member NYSE, 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. 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 forex brokerage services directly and through its TradeStation Forex division. IBFX Australia Pty Ltd is registered with ASIC and provides forex brokerage services outside of the United States. The company's technology subsidiary, TradeStation Technologies, Inc., develops and offers strategy trading software tools and subscription services. TradeStation Europe Limited, an FCA-authorized brokerage firm, introduces UK and other European accounts to TradeStation Securities, Inc., IBFX, Inc. and IBFX Australia Pty Ltd.
CONTACT: TradeStation Securities, Inc. Loren Lopez +1 (954) 652-7011 firstname.lastname@example.org
Source:TradeStation Group, Inc.