Update: Tradestation's CEO Salomon Sredni Provides Information On The Acquisition By Monex, $9.75 Per Share (TRAD)

Tradestation's CEO Salomon Sredni provides information on the acquisition and highlights frequently asked questions. "You may have already seen in the press release that was published last night, we announced that we signed an agreement with Monex Group, a leading Japanese online brokerage firm, under which Monex will acquire all outstanding shares of TradeStation. We expect, naturally, that you may have some questions about what this will mean to you as a TradeStation customer. The first thing you should know is that we expect there will be no changes to the products and services that attracted you to TradeStation and make you want to remain a TradeStation customer. As you can see in the press release, one of the main reasons Monex wants to buy us is our leadership in the active trader market. Monex not only wants to help us improve and grow our current business, but to offer the award-winning TradeStation platform to its customers in Japan. We contemplate no significant changes in the management, people, products, services, commissions, fees, operations, systems or methods of doing business we now have and provide. In the period that has now begun with the signing of our agreement with Monex through the anticipated closing of the transaction, we will be subject to several SEC and other rules and regulations that limit the type of information we can provide to you as the transaction progresses, the times we can give you information, and the manner in which we do it. We tell you this so that you do not get the wrong impression if you call our employees for information and hear that they are unable to provide it. Rest assured, we intend to work hard, in our new partnership with Monex, to make TradeStation better than it has ever been." With best regards and deepest gratitude, Salomon Sredni, CEO, TradeStation Group, Inc. Some FAQs: How will this transaction benefit me? This acquisition will provide new resources and capabilities to strengthen TradeStation's commitment to help our customers and continue to elevate your trading with award winning technology, superior support and continuing education. Do I need to take any action as a result of this transaction? No. How will this impact my TradeStation accounts? Your accounts and how you deal with TradeStation will not change. Your account numbers, our products and services, customer support, websites and other resources we provide you will all remain the same. I know how to reach TradeStation now with support or trading questions. Will that change? This will not change. The TradeStation teams you rely on at TradeStation will continue to support you. Their phone numbers and email addresses will not change. Will the TradeStation platform change? TradeStation continually enhances and updates our award-winning platform. We believe the acquisition will provide resources for us to accelerate the pace of our innovation and market leadership. Will commissions change? TradeStation offers a choice of commission plans to help traders manage their trading costs. There are no plans to change commissions. TradeStation has a clear focus on providing technology, tools and support for serious traders. Will this change? TradeStation's commitment to serious traders is not changed. Combining with Monex will enhance our ability to continue to provide you with cutting edge technology, tools and support to help you elevate your trading. Will my accounts still be with TradeStation? Yes. The structure of TradeStation Group and its subsidiaries TradeStation Securities, TradeStation Forex, TradeStation Technologies and TradeStation Europe Limited will not change. This acquisition changes the ownership of TradeStation Group, which will now be privately held by Monex. Who will clear my trades? There will be no changes to execution or clearing.