TradeStation adjusts pricing options
18 July 2013 Florida
Image: Shutterstock
TradeStation, a Monex Group company that acts as a broker-dealer and futures commission merchant, has announced new pricing policies designed to give equities and options traders flexibility and better value.
TradeStation is introducing two new, lower-priced 'flat-ticket' equity commission tiers, with the lowest end of pricing being $4.99 per trade. 鈥淭his new equities pricing should greatly benefit frequent traders,鈥� said a release from the company.
The firm also introduced 'flat-ticket-plus' tiered options pricing, allowing customers to take advantage of the company's lower flat-ticket equities pricing.
鈥淐ustomers can trade options for as low as $4.99 per trade plus a 20垄 per-contract fee. Moreover, TradeStation will combine customers' equities and options trades for the purpose of meeting the new commission pricing thresholds.鈥�
鈥淭radeStation will continue to offer per-share equities and per-contract options pricing to customers who prefer that pricing alternative.鈥�
"Our new pricing structure is all about flexibility and value," said Salomon Sredni, CEO of TradeStation Group and COO of Monex Group.
"Giving traders a menu of pricing options to choose from makes it easier for them to select the plan that best meets their needs. Offering flexible, value-added commission pricing is just one of the ways in which we're working to better serve our customers."
TradeStation is introducing two new, lower-priced 'flat-ticket' equity commission tiers, with the lowest end of pricing being $4.99 per trade. 鈥淭his new equities pricing should greatly benefit frequent traders,鈥� said a release from the company.
The firm also introduced 'flat-ticket-plus' tiered options pricing, allowing customers to take advantage of the company's lower flat-ticket equities pricing.
鈥淐ustomers can trade options for as low as $4.99 per trade plus a 20垄 per-contract fee. Moreover, TradeStation will combine customers' equities and options trades for the purpose of meeting the new commission pricing thresholds.鈥�
鈥淭radeStation will continue to offer per-share equities and per-contract options pricing to customers who prefer that pricing alternative.鈥�
"Our new pricing structure is all about flexibility and value," said Salomon Sredni, CEO of TradeStation Group and COO of Monex Group.
"Giving traders a menu of pricing options to choose from makes it easier for them to select the plan that best meets their needs. Offering flexible, value-added commission pricing is just one of the ways in which we're working to better serve our customers."
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