TradeStation Securities Offers Futures Brokerage Services to New and Existing Clients.

Business Editors

MIAMI--(BUSINESS WIRE)--June 12, 2001

Becomes Member of NFA to Integrate Direct-Access

Futures Execution Support Into New TradeStation Platform

TradeStation Group, Inc. (Nasdaq:TRAD) announced today that its new TradeStation Platform, which is being launched June 27th, will offer integrated direct-access futures and futures options execution. Clients will have direct-access connections to major US futures and futures options markets and 24-hour access to major world markets. Streaming real-time data from major futures exchanges will be available in the June 27th release.

Direct connections to US futures markets mean TradeStation users will be able to trade futures contracts on leading domestic index and financial markets, including the S&P 500, the S&P E-mini, the Dow Jones Index, the Dow E-mini, the Nasdaq, the Nasdaq E-mini, major currencies, bonds, and foreign markets such as DAX, Bobl, Bund, FT-SE, SMI MIB-30, CAC-40 and more.

In addition to electronic trading markets, orders can be transmitted directly into the pit of the Chicago Mercantile Exchange, Chicago Board of Trade, New York Board of Trade, COMEX and NYMEX through a high-speed, reliable, direct transmission to executing brokers in key trading pits. TradeStation clients will have access to the CUBS terminals at the CME, and the Electronic Clerk at the CBOT. Futures options trades will be transmitted directly to the floor of the appropriate exchange.

"Since TradeStation was initially released in 1991, it has been embraced by futures traders around the world for its unique capabilities and many features built specifically for the specialized needs of futures traders," said Bill Cruz, Co-CEO and Co-Chairman of the Board of TradeStation Group. "We are particularly excited to provide to our futures customers both futures data and integrated direct-access futures trading capability with our June 27th launch. This allows us to penetrate a significant additional segment of the active trader segment."

TradeStation Securities is a member of the National Futures Association (NFA) and is a Introducing Broker (IB) to Lind-Waldock, a wholly-owned subsidiary of Refco Group Ltd. LLC. Clients wishing to find out more about trading futures with TradeStation or to open an account should visit the Web site http://www.tradestation.com.

About TradeStation Group, Inc.

TradeStation Group, Inc. (Nasdaq:TRAD), through its operating subsidiary, TradeStation Securities, Inc., expects soon to launch the new TradeStation to institutional, professional and serious, active individual traders -- an electronic trading platform that enables clients to design, test and monitor their own custom trading strategies and then automate them with direct-access order execution. The platform currently includes streaming real-time equities market data from NYSE, NASDAQ and AMEX and options indices, and is expected in the upcoming launch to include streaming real-time options and futures data. The services currently offered by the brokerage include equities and options transactions, which are cleared through Bear, Stearns Securities Corp. (NYSE:BSC). The company's other operating subsidiary, TradeStation Technologies, Inc., develops and offers strategy trading software tools and subscription services.

Forward-looking Statements

This press release contains statements that are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. When used in this press release the words "believes," "plans," "estimates," "expects," "intends," "designed," "anticipates," "may," "will," "should," "could," "upcoming," "potential" and similar expressions, if and to the extent used, are intended to identify forward-looking statements. All forward-looking statements are based largely on current expectations and beliefs concerning future events that are subject to substantial risks and uncertainties. Actual results may differ materially from the results suggested herein. Factors that may cause or contribute to the various potential differences include, but are not limited to, the company's ability to complete development of the new TradeStation platform described in this press release (and the timing of the release and roll-out of the TradeStation platform); technical difficulties or errors in the new TradeStation platform; and other risks and uncertainties indicated from time to time in the company's filings with the Securities and Exchange Commission including, but not limited to, the company's registration statement on Form S-4, as amended, declared effective by the SEC on December 11, 2000 and its Annual Report on Form 10-K for the year ended December 31, 2000, as well as other press releases.