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TradeStation unveils online strategy marketplace

16 March 2010  |  1811 views  |  0 Source: TradeStation Securities

TradeStation Securities, the award-winning broker-dealer for active traders, and a leading provider of integrated strategy testing and automation, announced today the release of an innovative new service, TradeStation Strategy Network, hosted and offered by its affiliate, TradeStation Technologies.

TradeStation Strategy Network is a new online marketplace of strategy trading products available exclusively to TradeStation Securities brokerage clients. TradeStation Technologies and TradeStation Securities are affiliated subsidiaries of TradeStation Group, Inc. (Nasdaq:TRAD).

TradeStation Strategy Network is designed to put strategy-based trading within the reach of every trader. TradeStation Strategy Network features back-tested, ready-to-use strategies, developed by independent, unaffiliated trading software developers. TradeStation clients can sort, rank and compare strategies by asset class, trading frequency, simulated percentage return and other criteria to find the strategies best suited to their trading objectives. Clients can then download strategies directly to their TradeStation trading platforms.

To see how it works, TradeStation clients can go to the Strategy Network website, download one of three sample strategies and take it for a simulated "test drive" in their TradeStation platforms. Strategy Network is being offered to current TradeStation Securities clients, in a phased rollout, by downloading the latest version of the TradeStation platform.

"We believe that a key to successful trading is finding the strategy best suited to your trading style and goals, and executing it with consistency and discipline," said Salomon Sredni, CEO of TradeStation Group, the parent company of TradeStation. "By allowing TradeStation clients to compare, subscribe to and download pre-tested, ready-to-trade strategies, we believe Strategy Network is a major step forward toward our goal of helping every trader realize the benefits of strategy-based trading."

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