This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:TradeStation Reports Third Quarter 2009 Financial Results 2009-10-22 07:40 ET - News Release PLANTATION, Fla., Oct. 22, 2009 (GLOBE NEWSWIRE) -- TradeStation Group, Inc. (Nasdaq:TRAD) today reported 2009 third quarter net revenues of $32.4 million, net income of $3.7 million, and earnings per share (diluted) of 9 cents, compared to 2008 third quarter net revenues of $41.8 million, net income of $8.7 million, and earnings per share (diluted) of 20 cents. Brokerage commissions and fees for the 2009 third quarter were $28.6 million, as compared to 2008 third quarter brokerage commissions and fees of $33.5 million. Brokerage commissions and fees are the largest component of the company's net revenues. "Our third quarter financial performance was solid," said David Fleischman, the company's Chief Financial Officer. "Despite difficult market conditions, we continue to maintain a strong balance sheet and grow our client account base. We also have record total client assets. It is important to remember the September 2008 spike in volatility, especially intraday volatility, when looking at year-over-year comparisons in brokerage commissions, as well as the reduction in interest rates when looking at earnings." The remainder is available to Stockwatch subscribers.
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