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Tag: tradestation

Brokers Crypto News 

Bitcoin prices jump after Japanese online broker reportedly makes bid for a crypto exchange

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“Bitcoin prices rose above $7,400 Tuesday after reports that Japanese online brokerage firm Monex Group is looking to take over a recently-hacked Japanese cryptocurrency exchange Coincheck” writes Kate Rooney for cnbc.com. “It’s a massive confidence boost, you now have a regulated public company in Japan buying into a crypto exchange,” Kelly said.Monex owns U.S.-based online brokerage TradeStation, which Kelly pointed out would now in one way or another, be attached to Coincheck.Shares of Monex also rose more than 23 percent on the Japanese stock exchange after the report.It also offers…

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Brokers News 

E*TRADE Reports 5% Increase in Daily Average Revenue Trades for February

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“The stock market correction of February did little to reign in trading for E*TRADE customers, with the New York-based online brokerage reporting daily average revenue trades (DARTs) for February that were up 5%” writes Donna Fuscaldo for investopedia.com. While a 5% increase isn’t much to get giddy about, with the stock market in correction mode, any increase in trading is going to be welcome.While an increase in daily trades would seem counterintuitive given the sell-off in stocks last month, TradeStation has a lot of active traders who probably stayed in…

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News 

Monex and TradeStation Record Higher DARTs and Accounts in February

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“However, the long-term trend is more concerning, as the number of active accounts has declined by 1.9% YoY, shedding 1,239 active accounts in a 12-month span” reports financemagnates.com. TradeStation, which was acquired by Monex Group in 2011 for $411 million, reached a partnership agreement with Interactive Brokers (UK) last month.Improved DARTs were likely infused by an increasing number of active accounts for TradeStation Group, which saw a 17.3% rise YoY, to reach 73,024.The number of active accounts has also remained flat at 64,202 compared to last month’s figure at 64,144. Source: financemagnates.com…

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Markets News 

Volume of Trading Technologies’ appeals against PTAB decisions grows further

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“TradeStation Technologies Inc. (0:18-bcaag-01443) takes the number of such appeals filed by TT over the past six months to nine” reports financefeeds.com. The Specification of the ’247 patent describes trading tools for trading and monitoring a commodity on an electronic exchange. Source: financefeeds.com Share This:

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Futures News 

Monex to recognize $8m profit boost thanks to US tax legislation reforms

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“The recent tax legislation changes in the United States appear to be beneficial for online trading services provider Monex Group, Inc. (TYO:8698), which operates in the United States via TradeStation Group” reports financefeeds.com. TradeStation offers futures traders the tools that are set to help them navigate these emerging markets.Monex announced today that it is about to recognize an improvement in its profit for the third quarter of the fiscal year to March 31, 2018 as a result of a change in deferred tax assets and deferred tax liabilities. Source: financefeeds.com Share This:

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Brokers News 

Interactive Brokers, TradeStation oppose Trading Technologies’ motion to multiply patent appeals

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“First, TT asserted both patents against Appellees in the same district court case, and both patents were asserted against the same products” reports financefeeds.com. This is barely surprising given that the same brokers are appellees in six cases brought by Trading Technologies during the past four moths over issues that are broadly the same.In their latest submission with the Court, the appellees argue that TT is correct that this appeal and Case No. 18-1063 involve two different patents. Source: financefeeds.com Share This:

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Brokers News 

Trading Technologies appeals another Patent Board decision involving Interactive Brokers, TradeStation, IBFX

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“As per the latest court filings, seen by FinanceFeeds, on July 21, 2017, Trading Technologies made another move towards a decision by the Board concerning the same patent” reports financefeeds.com. In its Final Written Decision, the Board finds that claims 1–22 of the ’556 patent are patent-ineligible”.Earlier this month, FinanceFeeds have informed their readers about Trading Technologies seeking to overturn a February decision by the Patent Trial and Appeal Board (PTAB) in a legal move concerning the so-called “patent ‘556”, called “System and Method for Displaying Order Information in Relation…

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News 

TradeStation changes corporate image, launches new trading show to attract younger customers

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“The weekend saw some exciting changes at online trading expert TradeStation, a part of Monex Group, Inc. (TYO:8698)” reports financefeeds.com. The growing mobile usage does not apply only to younger traders.Even the traders using TradeStation’s desktop application are getting used to the mobile trading environment. Source: financefeeds.com Share This:

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