TradeStation Group, Inc, the parent company of online securities, futures and forex brokerage firms and trading technology companies today announced that Salomon Sredni will retire as President and CEO and from the board of directors effective March 31, 2016 and that John Bartleman, President of TradeStation Securities, a licensed securities broker-dealer and a registered futures commission merchant, will succeed Mr. Sredni as President of TradeStation Group, Inc., and join its board of directors, effective April 1, 2016. Mr. Sredni is also retiring as COO of Monex Group.
TradeStation Group, Inc.’s principal operating subsidiaries are TradeStation Securities, Inc. and TradeStation Technologies, Inc. TradeStation Group is a wholly owned subsidiary of Monex Group, Inc. (TYO: 8698) one of Japan’s largest online financial services providers.
Back in February OANDA agreed to acquire the FX accounts of IBFX/TradeStation Forex. IBFX (TradeStation Forex) was the Forex dealer firm subsidiary of TradeStation Group, Inc. but decided on exiting the spot forex trading business. The transfer went official on March 4, 2016.
“After nearly 20 years at TradeStation, I feel it’s time for me to let the next generation of passionate leaders take the company to new peaks,” said Mr. Sredni. “I am extremely grateful and proud to have played a role in helping TradeStation grow to become one of America’s largest and most successful online brokerage firms. I would like to extend my sincere thanks to our loyal and faithful customers, and especially to all of the hard-working and dedicated TradeStation employees who have made our shared success possible and my personal journey so memorable.”
John Bartleman has been with TradeStation since 1999, starting as a product manager, then succeeding to several positions, including Vice President of Product Management then President of TradeStation Securities, and Chief Growth Officer and Vice President of Brokerage Operations of TradeStation Group. He has been central to the development and growth of the TradeStation platform offering that has differentiated the company from its competitors in the active trader market.
“I look forward to working closely with the Monex senior and global management team to realize our global vision to offer the ultimate online trading products and services to serious, self-directed traders and investors around the world,” said Mr. Bartleman.
To see the official notice from Monex, click here.