TradeStation Grants European Clients Access to Analytics Service

Thursday, 19/07/2018 | 11:18 GMT by David Kimberley
  • TradeStation Analytics was previously only available to US clients
TradeStation Grants European Clients Access to Analytics Service
Finance Magnates

TradeStation International, a London-based securities broker and subsidiary of the TradeStation Group (TradeStation), announced this Thursday that it is expanding access to TradeStation Analytics to European clients.

Previously confined to its US-based clients, TradeStation Analytics is separate from TradeStation’s brokerage services. Traders pay a regular fee to the firm and gain access to a selection of market data and analytics tools.

Today’s press release indicates that the firm is attempting to flog a premium subscription for TradeStation Analytics to European traders. Most notable amongst the subscription’s service offerings is its market data solutions.

This segment of the service enables users to access a large backlog of historical US market data. Using this extensive trove of data, traders can concoct a trading idea and dry-run it in prior market conditions. Traders using the service can also access a trading simulation account to test their ideas on the real market.

Cryptocurrency data feed

Outside of the core market data component of the subscription services, users can also access a number of other solutions. For instance, clients can use real-time data feeds for cryptocurrencies, options analysis tools and gain access to a mobile application.

TradeStation’s decision to offer this analytics service separately from its brokerage businesses would seem to indicate a desire to diversify revenue streams. With the bulk of its cash coming from its brokerage businesses, this is certainly a wise move to make.

Rustam Lam, CEO of TradeStation International, commented on the release of the new service, saying: “We are excited to offer market participants the opportunity to access the power of TradeStation’s award-winning platform for advanced technical analysis and research plus trade strategy modeling and testing.”

TradeStation International, a London-based securities broker and subsidiary of the TradeStation Group (TradeStation), announced this Thursday that it is expanding access to TradeStation Analytics to European clients.

Previously confined to its US-based clients, TradeStation Analytics is separate from TradeStation’s brokerage services. Traders pay a regular fee to the firm and gain access to a selection of market data and analytics tools.

Today’s press release indicates that the firm is attempting to flog a premium subscription for TradeStation Analytics to European traders. Most notable amongst the subscription’s service offerings is its market data solutions.

This segment of the service enables users to access a large backlog of historical US market data. Using this extensive trove of data, traders can concoct a trading idea and dry-run it in prior market conditions. Traders using the service can also access a trading simulation account to test their ideas on the real market.

Cryptocurrency data feed

Outside of the core market data component of the subscription services, users can also access a number of other solutions. For instance, clients can use real-time data feeds for cryptocurrencies, options analysis tools and gain access to a mobile application.

TradeStation’s decision to offer this analytics service separately from its brokerage businesses would seem to indicate a desire to diversify revenue streams. With the bulk of its cash coming from its brokerage businesses, this is certainly a wise move to make.

Rustam Lam, CEO of TradeStation International, commented on the release of the new service, saying: “We are excited to offer market participants the opportunity to access the power of TradeStation’s award-winning platform for advanced technical analysis and research plus trade strategy modeling and testing.”

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