TradeStation Announces the Opening of a Software Development Center in Costa Rica

PLANTATION, Fla., Oct. 11, 2012 (GLOBE NEWSWIRE) -- TradeStation Group, a Monex Group company (TSE:8698) and the parent company of an award-winning broker-dealer and futures commission merchant, today announced the opening of TradeStation Global Services, S.A., a software development center in Lagunilla, Heredia, Costa Rica.

In staffing the new center, TradeStation will draw on highly qualified software development professionals in Costa Rica with experience in the areas of .NET and SQL programming for Microsoft platforms.

"TradeStation prides itself on hiring top talent and we have found in Costa Rica an excellent pool of software professionals with experience in Microsoft platforms and solid academic backgrounds," said Rasiel Ruiz, Vice President of Operations and Country Manager for TradeStation Global Services, S.A. "In addition to the quality of Costa Rican software professionals, we found great investment incentives and a strong commitment from the government to facilitate business operations."

TradeStation Global Services, S.A. will begin operations with approximately 10 to 20 software developers and test engineers, and expects to grow into a development center with as many as 50 to 60 employees.

"We are very excited about our new software development center in Costa Rica," said Keith Black, CTO and Vice President of Product Development for TradeStation Technologies, Inc. "The new center will complement our other development centers in south Florida, Texas and Salt Lake City, which are an integral part of our global strategy."

To inquire about job opportunities at TradeStation Global Services, S.A. in Costa Rica, contact Rasiel Ruiz locally at 86583910 or 87079461; international callers should dial 011-506-86583910 or 011-506-87079461.

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.

TradeStation is an award-winning online brokerage firm and trading platform. In March 2012, Barron's magazine, in its annual review of 24 online brokerage firms, awarded TradeStation its highest overall star ranking (4½ stars), as well as Best for Frequent Traders, Best Trading Experience and Technology and Best for International Traders. Also in March 2012, TradeStation won for Best Trading System – Stocks, Best Trading System – Futures, Best Institutional Platform, Best Professional Platform, Best Online Analytical Platform and Best Real-Time Data in the annual Readers' Choice Awards given by Technical Analysis of Stocks & Commodities magazine.

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. The company's technology subsidiary, TradeStation Technologies, Inc., develops and offers strategy trading software tools and subscription services. TradeStation Europe Limited, an FSA-authorized brokerage firm, introduces UK and other European accounts to TradeStation Securities, Inc. and IBFX, Inc.

CONTACT: Media Contact: Loren Lopez 954-652-7011

Source:TradeStation Group, Inc.