See Also Important Information, Notice to Online Traders, Online Identity Theft and Security Reminders, TradeStation Securities Account Agreement for Securities Accounts, TradeStation Securities Account Agreement for Futures Accounts, TradeStation Technologies Subscription Agreement, Risks of Active Trading, Extended Trading Hours Risk Disclosure, Margin Disclosure Statement, Risk Disclosure Statement For Security Futures Contracts, Characteristics and Risks of Standardized Options, Risk Disclosure Statement for Futures and Futures Options, Exercise and Assignment Policy for Futures Options, New York Board of Trade Electronic Order Routing Systems Disclosure Statement, Trading and Order Routing Disclosure Statement for Futures Trades, Special Statement for Uncovered Options Writers, Anti-Money Laundering Requirements, Business Continuity Plan Disclosure, Truth-in-Lending Disclosure Statement and Web Site User Agreement, Disclaimers and Certain Legal Notices
   
 

No offer or solicitation to buy or sell securities or securities derivative products of any kind, or any type of trading or investment advice, recommendation or strategy, is made, given or in any manner endorsed by TradeStation Securities, Inc. or any of its affiliates. Past performance, whether actual or indicated by simulated historical tests of strategies, is no guarantee of future performance or success. "Direct Access" means, with respect to stock trades, the routing of user-input trade orders through the TradeStation servers to electronic markets, such as ECNs and SuperSoes and SuperDOT. With respect to futures trades, it means the routing through servers to an electronic exchange or to an electronic system that transmits the order directly to the floor of the exchange. Active trading is generally not appropriate for someone of limited resources, limited investment or trading experience, or low-risk tolerance, or who is not willing to risk at least $50,000 of capital.

TradeStation Securities is subject to the Archipelago ECN, Instinet ECN, Island ECN, BRUT ECN, and NASDAQ "Clearly Erroneous Policies," as well as any clearly erroneous policies which may be established in the future by an ECN to which orders are routed. A clearly erroneous trade occurs when someone has entered an order with an obvious error in any term, such as the security identification, the price, or the number of shares. Any market center that has a Clearly Erroneous policy may review a transaction to determine if the trade was clearly erroneous and may reverse or "break" such a trade in its sole discretion. You acknowledge that if you have benefited from an erroneous transaction by entering an order through the TradeStation trading platform, TradeStation Securities, under the terms of the market centers' policies, may be forced to break the trade. This could have the effect of placing you in the position you were before the transaction. You also acknowledge that if you have been adversely affected by an erroneous transaction, TradeStation Securities may not be able to break the trade, and is under no obligation to break the trade, as you have expressly assumed all risks relating to all orders entered by you through the TradeStation platform, including clearly erroneous trades.

All proprietary technology in TradeStation is owned by TradeStation Technologies, Inc., an affiliate of TradeStation Securities, Inc. (Member NYSE, FINRA, NFA & SIPC). The order execution services accessible from within TradeStation are provided by TradeStation Securities, Inc. pursuant to a technology license from its affiliate and its authority as a registered broker-dealer and introducing broker. All other features and functions of TradeStation are provided directly by TradeStation Technologies. TradeStation® and EasyLanguage® are registered trademarks of TradeStation Technologies, Inc. "TradeStation," as used on this site, should be understood in the foregoing context.

Forward-Looking Statements and Dated Information
The press releases, conference calls, SEC filings and other financial news and informational items posted on, or accessible from, this web site are presented for historical purposes only. Each such item was released or published as of the date indicated on such item, which, in some cases, was substantially in the past, and reflected management views about the subject matter of the item as of that date. Certain matters discussed in these items, including any statements that are predictive in nature or concern future market or economic conditions, business or prospects, our future financial or operational performance, or our future plans of action or their expected results, are “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based largely on expectations and beliefs, at the time they were made, concerning future events that are subject to substantial risks and uncertainties. Actual results often differ materially from those expressed or forecasted in forward-looking statements. We do not undertake any obligation to update any factual, historical or forward-looking statements on our web site, except as required by federal securities laws, and you need to read such items with that in mind.