TradeStation Group, Inc. is a trading software company. The Company operates through two operating subsidiaries: TradeStation Securities, Inc. (TradeStation Securities), which is an online broker-dealer and futures commission merchant, and TradeStation Technologies, Inc. (TradeStation Technologies), which is a trading technology company. The company’s core product/service, which is offered by TradeStation Securities, is TradeStation, which is an electronic trading platform that enables traders to test and automate rule-based trading strategies (both technical and fundamental) across multiple asset classes, namely, equities, equity options, futures and foreign currencies (forex). TradeStation Technologies also provides subscription services for TradeStation. The company’s other subsidiary, TradeStation Europe Limited, is authorized and regulated by the United Kingdom Financial Services Authority (FSA).