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Announcing the Release of TradeStation 7
Dear Valued TradeStation User,
It's finally here! We are pleased to announce that the launch of
TradeStation 7, the next generation of TradeStation's award-winning
electronic trading platform for active and institutional traders, will begin
February 28, 2003. TradeStation 7 is the result of over $7 million of
product development expense and nearly two years of work. View the press
release regarding the launch of TradeStation 7 issued Tuesday, February 25,
2003.
Structured Rollout of TradeStation 7 to Existing TradeStation 6 Users
With more than 10,000 existing brokerage clients and subscribers,
TradeStation Securities (Member NASD, SIPC & NFA) and TradeStation
Technologies are planning a structured rollout of TradeStation 7 which will
take place throughout the next several weeks to help ensure a smooth upgrade
process for all platform users. Sometime within the next several weeks, you
will be automatically prompted to upgrade when you log on to TradeStation 6.
Please rest assured that we will work diligently to upgrade as many users as
possible each week. We appreciate your patience during this process.
Although you have the option to continue using TradeStation 6 even after you
have been prompted to upgrade, you will not be able to enjoy the many
benefits of TradeStation 7 unless you upgrade. A detailed description of the
new features, functions and enhancements in TradeStation 7 is available at
http://www.tradestation.com/TradeStation7,
New Lower Commissions beginning March 31, 2003
TradeStation Securities is pleased to announce new lower brokerage
commissions effective March 31, 2003 for futures and stock options. You do
not need to have upgraded to TradeStation 7 before March 31, 2003 in order
to receive this new commission structure.
Stocks (per order) - First 500 shares will be $1.20 per 100 shares, and $.60
for each 100 shares over 500.
Stock Options - $1.20 per contract
E-Mini Futures - $2.80 per side, per contract
Security Futures - $1.20 per side, per contract
All other U.S. Futures - $6.99 per side, per contract
If you are a brokerage client of TradeStation Securities on the current
commission schedule, your account will automatically be adjusted to the new
commission rates listed above effective March 31, 2003. There is nothing
you need to do. However, if you are a legacy brokerage client (not on the
current commission schedule), please contact TradeStation Securities' Client
Services team to discuss moving over to the new commission schedule.
TradeStation 7 Monthly Platform/Data Fees
TradeStation 7 Base Platform Fee $99.95 (Brokerage Clients)
TradeStation 7 Base Platform Fee $199.95 (Non-Brokerage
Clients/Subscribers)
RadarScreen $69.95
OptionStation $39.95
RadarScreen
& OptionStation $89.95
(a savings of approximately $20 per month)
ECN Books $10.00
Dow Jones Newswire $95.00
New Around-the-Clock Software Support and Trading Desk Service
Beginning March 10, 2003, TradeStation Securities is pleased to announce
that it will offer its brokerage clients around-the-clock software support
and trading desk service. The new service hours will be as follows: Sunday,
from 6 p.m. through Friday, 5 p.m. Eastern Time.
As always, we appreciate your loyalty and support.
Sincerely,
Michael De Carvalho
Active Trader Sales Manager
TradeStation Securities, Inc.
Member NASD, SIPC, and NFA
A wholly-owned subsidiary of TradeStation Group, Inc.
http://www.TradeStation.com
Ph:800-793-0159
Local: 954-652-7429
Email: MDeCarvalho@xxxxxxxxxxxxxxxx
*System access and trade placement and execution may be delayed or fail due
to market volatility and volume, quote delays, system and software errors,
Internet traffic, outages and other factors. TradeStation Group, Inc. is a
publicly-traded holding company (Nasdaq: TRAD) of two operating
subsidiaries, TradeStation Securities, Inc. (Member NASD, SIPC and NFA) and
TradeStation Technologies, Inc. (formerly known as Omega Research, Inc.).
TradeStation Securities provides securities brokerage services for
institutional and active individual traders. TradeStation Technologies
provides software products and services for traders. The information
transmitted is intended only for the person or entity to which it is
addressed and may contain confidential and/or privileged material. Any
review, retransmission, dissemination or other use of, or taking of any
action in reliance upon, this information by persons or entities other than
the intended recipient is prohibited. If you received this in error, please
contact the sender and delete the material from any computer.
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