Tradestation Bankruptcy?

Discussion in 'Retail Brokers' started by TraDaToR, Oct 10, 2008.

  1. TraDaToR

    TraDaToR

  2. Why start a thread with such a provocative title?

    I am no fan of Tradestation, but they are nowhere near bankruptcy.

    TRAD has gotten clobbered because it is a financial/brokerage stock and their profits dry up when low interest rates are low.
     
  3. Under conditions like this, their profits can drop dramatically... so long as the company pares expenses so that they're not bleeding cash, they are not subject to going out of business... unless they hold assets which get defaulted upon.

    Customer Accounts are segregated and are not subject to bankruptcy risk.
     
  4. TraDaToR

    TraDaToR

    You're right, it was just to get attention.

    I am not aware of american laws and just wanted to get answers like yours.

    Thank you jeb and gnome.