Under the terms of the deal, TradeStation Securities has selected Scivantage’s Automated Account Opening and Maintenance solution to manage their online account opening process.
Scivantage’s Automated Account Opening solution will be made available as an integrated application on TradeStation.com for TradeStation to offer account opening and funding services to their clients. With Scivantage’s Automated Account Opening application, TradeStation will have an online solution for real-time account establishment and maintenance of all TradeStation supported account types, including business and trust accounts, for equities, ETFs, options, futures and forex trading.
The platform enables the creation of new accounts across TradeStation’s multiple clearing and settlement systems, providing enhanced operational efficiencies and lowering risk throughout the account opening process.
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