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. “This new equities pricing should greatly benefit frequent traders,” 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.
“Customers can trade options for as low as $4.99 per trade plus a 20¢ per-contract fee. Moreover, TradeStation will combine customers' equities and options trades for the purpose of meeting the new commission pricing thresholds.”
“TradeStation will continue to offer per-share equities and per-contract options pricing to customers who prefer that pricing alternative.”
"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. “This new equities pricing should greatly benefit frequent traders,” 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.
“Customers can trade options for as low as $4.99 per trade plus a 20¢ per-contract fee. Moreover, TradeStation will combine customers' equities and options trades for the purpose of meeting the new commission pricing thresholds.”
“TradeStation will continue to offer per-share equities and per-contract options pricing to customers who prefer that pricing alternative.”
"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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