TradeStation Securities Announces New Lower Commissions

Discussion in 'Events' started by MichaelD, Aug 8, 2002.

  1. MichaelD

    MichaelD TradeStation Securities

    I'm pleased to announce that today TradeStation Securities announced new, lower Equity commissions that offer our clients more value than ever before. Thanks to the support of our clients, our trading volumes have increased resulting in lower costs. We're proud to be able to pass on these savings to our valued clients today, and are committed to continuing to share the benefits of our success with our clients in the future. So, please keep those referrals coming.

    Here are the details on our new, lower commission plan.

    Existing clients who would like to switch to the new plan should click on the link below and then on the banner on the left hand side of the page.

    Thank you,
    Michael De Carvalho
    Active Trader Sales Manager
    TradeStation Securities, Inc.
  2. I gotta admit, it's not without problems, but TS keeps getting better and better!
  3. More competitive, nice! Also, if your check their revenu for the same period of the last year, we can see that the people trade a lot more with their new fee per action rather than their old ticket.

    Equities Account Statistics Q2 02 Q1 02 % Increase
    Average daily revenue trades 7,122 3,824 86%
    Average daily share volume 6,649,000 4,452,000 49%

    A proof that lower don't mean less revenue!

    Hope that their competitors will do it also!
  4. drdr


    I like their way of doing business. They are doing a good job !!!!!:p
  5. hpex1


    Finally an alternative to IB, perhaps this will now give IB a reason to provide a decent level of customer service without time wasting push button menus and long waits.
  6. mjt


    I do see that they increased the amount of shares you need to trade per month to get free software form 150k to 250K.

    Those are good rates, though. I like seeing this trend.
  7. Tony01


    They also made Level II an additional cost of $10 per month, but still good rates.
  8. Any existing TradeStation Securities clients care to comment on order execution quality, decision support quality and overall value?
  9. shneed


    Does anyone trade NYSE through TS, and if yes what is your experiance?

  10. F1Trader


    That commission structure is still terrible. I don't know how you people deal with such outrageous costs. Oh well, they have to make money from someone.
    #10     Aug 9, 2002