TradeStation Launches State-of-the-Art Retail Forex Offering (TRAD)

TradeStation Group, Inc. TRAD today announced the launch, through its new subsidiary, TradeStation Forex, Inc., a CFTC-registered, NFA-member Retail Foreign Exchange Dealer, of a brand-new, state-of-the-art retail forex offering. Starting today, TradeStation Forex, using what is commonly referred to as the "agency broker model" for retail forex, will own and operate the company's forex business for all existing and new customer accounts. The company believes this new offering will be the best choice available to the retail forex market. Powerful and attractive features include: * A brand-new screen interface for traders to place forex orders in an intuitive and familiar way, which is seamlessly integrated with the full analytics power of the TradeStation platform. * The ability to design, back-test, optimize and automate custom-designed and third-party forex trading strategies and ideas. * The functionality of TradeStation's premium RadarScreen® product, so that customers can analyze multiple foreign currency pairs simultaneously on one screen. * A forex market depth window. * Transparent foreign currency spreads which, including TradeStation's small mark-up, are expected to be extremely tight and competitive – superior, the company believes, to what is generally available today in the market. * No commissions. * No forex data fees. * No set-up, start-up or initial fees. * No software, service, access or other monthly fees. * The ability for accounts to be funded and monitored in one of several different foreign currencies. * Leverage of up to 50:1 for liquid currency pairs. * Award-winning customer service and education.