Wednesday, January 17, 2018
TradeStation, a Monex Group company and award-winning* online broker-dealer and futures commission merchant, today announced that it will launch a four-week simulated trading competition for TradeStation equities account holders on Monday, January 22. The winner of the competition will be awarded a grand prize of $5,000.
The TradeStation Trading Challenge offers an opportunity for TradeStation equities traders to match their skills against other TradeStation equities account holders. The challenge is open to U.S. residents in qualifying states who are either current non-professional TradeStation equities account holders or non-professional customers who open and fund a new TradeStation equities account.
Each participant may compete by trading exchange-listed stocks and ETFs using a simulated TradeStation equities trading account created just for the challenge. Results will be updated on a Leaderboard on TradeStation.com each day at 5 p.m. ET.
Qualifying rounds will be held in each of the first three weeks of the challenge. The four accounts with the highest percentage gains (and any ties) in each qualifying round will receive a prize of $500 cash and will qualify for the fourth and final challenge week. The winner of the final week’s challenge will receive a grand prize of $5,000, with $2,500 going to the second-place finisher and $1,000 to the third-place finisher.
TradeStation clients can register for the challenge and view its complete terms and conditions, including those states from which residents may participate, by visiting www.tradestation.com/tradingchallenge.
To speak with an account executive to learn more about TradeStation or to open an account, call 1.800.808.9336 or visit TradeStation.com.
Market volatility, volume and system availability may delay account access and trade executions.
DISPUTES ARBITRATED & WAIVER OF CLASS ACTION & JURY. This is a simulated trading competition. Software download, Internet access and use of a valid non-IRA TradeStation equities brokerage account are required to participate. Challenge consists of three individual trading competitions for each of the three trading weeks – January 22-26, 2018, January 29-February 2, 2018 and February 5-9, 2018 – as well as the final trading competition, February 12-16, 2018, each beginning at 9:30 a.m. Eastern Time and ending at 4:00 p.m. Eastern Time. Open only to non-professional TradeStation brokerage customers, each of whom must be a legal resident of any one of the 50 U.S. states or D.C. (excluding residents of the following states: Arizona, Colorado, Hawaii, Illinois, Maryland, Massachusetts, Nevada, New Hampshire, New Jersey, North Carolina, North Dakota, Oklahoma, South Dakota, Tennessee and Vermont) and age of majority+ as of January 1, 2018. Registration begins at 11:00 a.m. Eastern Time on January 10, 2018, and must be completed with a funded account by 4:00 p.m. Eastern Time on January 19, 2018, to be eligible to participate in week one of the challenge. PARTICIPATION IS LIMITED TO THE FIRST 5,000 CLIENTS TO COMPLETE REGISTRATION. Normal Internet access, data and usage charges may apply. Void in Arizona, Colorado, Hawaii, Illinois, Maryland, Massachusetts, Nevada, New Hampshire, New Jersey, North Carolina, North Dakota, Oklahoma, South Dakota, Tennessee, Vermont and where prohibited by law. SUBJECT TO FULL OFFICIAL RULES.
At the end of each of the initial three trading weeks, the 4 participants with the highest percentage gain in their respective portfolios’ aggregate value (highest P/L percentage) during that trading week will qualify for the final trading competition, subject to verification. In the event there are any ties for the top 4 positions, tying participants also will qualify for the final competition. Weekly prizes for each of the initial three trading weeks: $500 per winner (top 4 plus any ties). Final trading week winner will be determined based on the highest percentage gain (highest P/L percentage) in his or her portfolio’s aggregate value during trading week four. Final first-place prize: $5,000. Final second-place prize: $2,500. Final third-place prize: $1,000. All prize amounts will be deposited into the winner’s individual non-IRA TradeStation equities brokerage account. TradeStation’s normal commissions, service fees and exception fees apply to account activity. Funds may be withdrawn from a TradeStation equities brokerage account subject to standard wire or electronic funds transfer fees, pursuant to TradeStation’s regular business practices. Agreement to terms and conditions concerning the account is required for use of the account and to redeem the value of the prize. Sponsor: TradeStation Securities, Inc., 8050 SW 10th Street, Suite 2000, Plantation, FL 33324.
About TradeStation Group, Inc.
TradeStation Group, Inc., through its principal operating subsidiary, TradeStation Securities, Inc., offers the TradeStation analysis and trading platform to the active trader and certain institutional trader markets. The TradeStation platform offers electronic order execution and enables clients to design, test, optimize, monitor and automate their own custom equities, options and futures trading strategies. TradeStation Group is a wholly owned subsidiary of Monex Group, Inc., one of the largest online financial services providers in Japan.
TradeStation Securities, Inc. (Member NYSE, FINRA, SIPC, NSCC, DTC, OCC & CME) is a licensed securities broker-dealer and a registered futures commission merchant (FCM), and a member of major stock, options and futures exchanges in the United States. The company’s technology subsidiary, TradeStation Technologies, Inc., develops and offers strategy trading software tools and subscription services, and hosts the TradingApp® Store.
* Visit TradeStation.com/Awards for more information.