Source: TradeStation
TradeStation Securities, the award winning broker-dealer for active traders, announced the release of important enhancements to its best-in-class trading platform, including the introduction of TradeStation Simulator, which will enable TradeStation clients to "paper trade" in real-time stock, options, futures and forex markets.
TradeStation, recently recognized as the winner by "Barron's" magazine in its 13th annual ranking of the Best Online Brokers, currently enables clients to create custom trading strategies, back-test them against decades of historical intra-day equities and futures market data, and then fully automate those tested strategies to place buy and sell orders. With the release of TradeStation Simulator, clients will now be able to automate or manually execute, on a simulated basis, their custom strategies in real-time trading of stock, options, futures and forex markets. In addition to TradeStation Simulator, this new release includes several other frequently-requested features and changes designed to improve the overall performance and efficiency of the TradeStation electronic trading platform.
"These enhancements, including the introduction of TradeStation Simulator, move us even further ahead of the pack of 22 other online brokerage firms 'Barron's' reviewed before choosing us as the best. We continue to look for ways to support our active trader audience and the new features in this release are designed to do just that," said Salomon Sredni, CEO of TradeStation Group (NasdaqGS:TRAD), TradeStation Securities' parent company. "TradeStation Simulator will allow our clients to test their own custom trading ideas and strategies in real time in today's markets without risking money. It will also enable our customers to sample - in real time and at no risk - the full power and capabilities of our cutting-edge trading platform as they trade the equities, options, futures and forex markets."
Along with TradeStation Simulator, this new release includes the addition of Good 'Til Cancel and Good 'Til Date durations for futures orders, Reverse Positions (U-Turns) for equities, futures and forex positions (accomplished with a single click using Matrix, Market Depth and other TradeStation platform tools) and other platform optimizations.
TradeStation began a phased rollout of these new enhancements in March and expects to complete the rollout in April.