| Business Summary | | TradeStation
Group,
Inc.
is
the
holding
company
of
operating
subsidiaries,
TradeStation
Securities,
Inc.
and
TradeStation
Technologies,
Inc.
Through
TradeStation
Securities,
the
Company,
on
June
27,
2001,
launched
its
new
TradeStation
product,
which
combines
strategy
testing,
automated
trading
and
intelligent
direct-access
execution.
The
TradeStation
product
is
an
electronic
trading
platform
that
enables
clients
to
design,
test
and
monitor
their
own
custom
trading
strategies,
and
then
automate
them
with
direct-access
order
execution.
The
platform
includes
streaming
real-time
equities
market
data
from
NYSE,
NASDAQ
and
AMEX
and
options
indices,
and
also
includes
streaming
real-time
options
and
futures
data.
The
services
offered
by
the
brokerage
include
equities
and
options
transactions,
which
are
cleared
through
Bear,
Stearns
Securities
Corp.
The
Company's
other
operating
subsidiary,
TradeStation
Technologies,
develops
and
offers
strategy
trading
software
tools
and
subscription
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TradeStation
Group,
Inc.
enables
traders
to
design,
historically
test,
automate
and
execute
their
own
trading
strategies
by
transforming
the
users
PC
from
a
canned
information
tool
to
an
interactive
trading
assistant.
For
the
three
months
ended
3/31/01,
revenues
fell
6%
to
$12.1
million.
Net
loss
fell
60%
to
$1.7
million.
Revenues
reflect
a
decrease
in
licensing
fees.
Lower
loss
reflects
a
decrease
in
sales
and
marketing
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
10,593;
after
tax
earnings
were
-3,275. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ralph Cruz, 37 Co-Chairman,
Co-CEO | $150K | William Cruz, 37 Co-Chairman,
Co-CEO | 150K | Salomon Sredni, 33 Pres,
COO, Director | 237K | David Fleischman, 55 CFO,
VP-Fin., Treasurer | -- | E. Steven Zum Tobel, 34 VP
of Brokerage Operations, Director | 228K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|