Greetings, I received this TradeStation message today. The new stand-alone TS Fx platform rolls out in a week. Should be interesting to see what the platform looks like (i.e. a duplicate of 9.0 or something close), spreads (it's not commissioned based), etc. Their relationship with GAIN Capital also will cease to exist on the Fx side of the house. Best Here's the message: March 31, 2011 Dear TradeStation Forex Client: Re: Changes to Your Forex Account We are proud to introduce TradeStation Forex, Inc. (âTSFâ), a new subsidiary of TradeStation Group, Inc. (âTSGâ) and a new affiliate of your current forex broker, TradeStation Securities, Inc. (âTSIâ). TSF, as a Retail Foreign Exchange Dealer, is registered with the Commodity Futures Trading Commission (âCFTCâ) and is a member of the National Futures Association (âNFAâ). TSF will offer the same high level of service to which you have become accustomed through TSI. At the end of the trading session on Friday, April 8, 2011, TSI will cease to act as introducing broker for your forex account and, unless you object or otherwise transfer your account, it will be transferred to TSF as your new clearing firm and counterparty. This means that the relationship you once had with TSI introducing your forex account to GAIN Capital Group, LLC (âGAINâ) will be discontinued at that time. You will be given sufficient advance notice of the conversion, at which point you will no longer be able to purchase or sell foreign currency contracts through TSI but will be able to conduct such trading at TSF, with TSF acting as counterparty once GAIN transfers your account to TSF. If your account is a retirement account, Millennium Trust Company, LLC will continue to act as your accountâs custodian, trustee and administrator. This conversion will not affect your futures, equities or equities options accounts, if any, as they will continue to be serviced by and through TSI. When you opened your forex account with TSI, you executed and delivered a Customer Agreement (âAgreementâ) that governs your relationships with TSI, its affiliate TradeStation Technologies, Inc. and GAIN. The Agreement permits TSI to make modifications or amendments by posting any such changes to its website or otherwise reasonably notifying you of such modifications or amendments. The Agreement also governs your relationship with present or future TSI affiliates, including TSF. The changes are reflected in the new TradeStation Forex Account Agreement, which can be found at www.tradestation.com (the âNew Agreementâ). Tomorrow, you will receive a notice from GAIN explaining the reason for the transfer, the details of the transfer, and the name of the transferee, your new clearing firm and counterparty, i.e., TSF. This GAIN notice will also inform you that you are not required to accept the transfer, and will provide you with additional information with respect to the transfer. If you do not object to the conversion or otherwise transfer your account to another forex firm, your account will be transferred to TSF and you will thereafter be subject to the New Agreement. In all cases, the privacy of your account information will be maintained during and after the transfer in compliance with all regulatory rules, including 17 C.F.R. Part 160.1 et seq. and 17 C.F.R. Part 248 (Regulation S-P). You will not be charged for the conversion and we believe the change will increase the quality and efficiency of the services we provide, and help us continue to offer competitive pricing through enhanced liquidity and tighter spreads.You may object to the conversion either by notifying us or GAIN or by instructing TSI to transfer your account to another brokerage firm prior to the conversion date. If you choose not to convert your forex account or choose to transfer your account to another brokerage firm prior to the conversion date, you will not be charged any fees or costs for closing or transferring your account, but you may be charged processing fees normally charged by GAIN in that situation (e.g., wire transfers, etc). For additional information on this conversion, please visit our list of Frequently Asked Questions at www.tradestation.com/brokerage/forex_faq.shtm. Please click here to review an updated Risk Disclosure Statement similar to the one you recently received from GAIN concerning forex trading, which you should consider part of the New Agreement. We thank you very much for your attention to this letter, and look forward to serving your forex trading needs. Sincerely yours, Gary Weiss President and Chief Operating Officer TradeStation Forex, Inc.