PLANTATION, Fla.P.M.

HOW TO LISTEN: Either by Webcast or Audio Conference:

Webcast

The webcast can be accessed via:
http://www.0 rating in the
trading costs category .

All trademarks are property of their respective owners.

pollak securities

About Pipeline Trading

New York City-based Pipeline Trading Systems LLC operates
Pipeline, an alternative trading system (ATS) that enables
institutions and brokerage firms to quickly and efficiently trade
blocks of NYSE-listed companies, NASDAQ stocks, and Exchange Traded
Funds (ETFs).com

Or, it can accessed via:
http://www. Additionally, IB
customers can use GainsKeeper to alert them year-round to the impact of wash
sales, corporate actions, and other events within their IB accounts which
could impact the tax efficiency of their holdings.
Wolters Kluwer is a leading multinational publisher and information
services company.

liquidity rsi

ESP provides high-speed
direct market access execution capabilities in US and global equities,
options, and futures to buy and sell-side clients., eastern time, each day

TRADESTATION GROUP'S presentation is in Session II, and is
scheduled for 9:30 A.

willman ndf

Pipeline
facilitates interaction between traders, enabling all real buyers and
sellers to find each other anonymously and get trades done while
minimizing gaming.
"IB is pleased to give its customers access to GainsKeeper, a premier
service in its field," Interactive Brokers Managing Director Steve Sanders,
said.

spic equities

Business Editors/Banking Writers

NEW YORK-- --Pipeline Trading
Systems announced today that they have completed integration of the
Pipeline ATS with Electronic Specialist's (ESP) Global DMA and
Electronic Algorithm Routing Network (EARN (TM)).S. GKIS solutions-ranging from back-office outsourcing to fully
integrated, Internet-based tools and services-are utilized by the brokerage,
mutual fund, and fund administration industries.

frankel recapture

pipelinetrading . GainsKeeper is a part of Wolters Kluwer Corporate + Financial
Services. "It is our goal to partner with the best. "We're pleased to have GainsKeeper incorporated into this
strategy, offering even greater advantages and cost savings to IB customers."

About Interactive Brokers
Greenwich , Conn.

nasd frankel

com/events/thom001/13553 /

* Either link requires users to register with Sandler O'Neill . The trading platform
currently offers streaming real-time Equities, Options, Futures and Forex
market data. The company's other operating subsidiary, TradeStation
Technologies, Inc.

tullett recapture

"Now clients across ESP's network, which include hedge funds,
state pensions, mutual funds, investment managers and broker/dealers,
can access Pipeline through any of the 20+ integrated trading
applications that we support," states Jarod Winters, Managing Director
of Electronic Specialist. There are over 20
trading application providers integrated with ESP's Global DMA
network. - 4:45 P., offers the TradeStation platform to
institutional, professional and serious, active individual traders.

TradeStation Securities, Inc.

About GainsKeeper
GainsKeeper, a part of Wolters Kluwer Corporate + Financial Services
division, provides automated tax-based financial tools and services to the
investment community.

frankel stovall

For more information, please visit
www.
In its 2005 annual survey of on-line brokerage firms, Barron's ranked IB
as the number-one software -based broker, with a perfect 5.

willman kirlin

* The archived webcast will be available for 30 days after the event ,
beginning 6/10/2005.

The company's core markets are spread across the health,
tax , accounting, corporate, financial services, legal and regulatory, and
education sectors.

rsi brokerages

iian.
TradeStation Group, Inc., develops and offers strategy trading software tools and
subscription services, and hosts the company's annual users conference.-based IB offers Universal Direct-Access Trading and
sophisticated trade management tools at low costs to professional traders and
investors worldwide . IB provides low-cost execution and clearing services to
trade stocks, options, futures, forex, and bonds on over 50 exchanges and
marketplaces in 14 countries.

frankel sipc

Session II (Both Days)
Toll Free: (877) 810-2615
Toll: (617) 786-8334
Passcode: 97908

CONTACT: David H.
954-652-7000
InvestorRelations@TradeStation.com )
announced today that Interactive Brokers (IB), a global direct-access
brokerage firm, has selected its automated tax lot accounting services to
provide Interactive Brokers' retail customers with tax-efficient trading
strategies. GainsKeeper Institutional Services (GKIS) provides
application service provider (ASP ) solutions for financial institutions,
enabling them to offer sophisticated tax lot accounting services to their
customers without incurring the high cost of building, maintaining, and
housing the systems and operations necessary to provide institutional-quality
service.

currencies troika

Its depositary receipts of shares are quoted on
the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100
indices .

icap eurex

M.com

About TradeStation Group, Inc. In February 2005, TradeStation
was named Best Stock Brokerage and Best Futures Brokerage and, for the third
year in a row, Best Direct-Access Stock Broker, Best Direct-Access Futures
Broker, Best Professional Platform and Best Institutional Platform , in
"Technical Analysis of Stocks and Commodities" magazine.

recapture hedging

com

About ESP

Electronic Specialist, LLC is a New York-based technology firm and
registered broker-dealer and NASD member .

equities nasd

ESP's EARN(TM) Portal currently offers clients anonymous,
centralized access to more than 50 algorithmic strategies and crossing
networks from some of the leading providers on the street, including
such strategies as VWAP, TWAP, Volume Participation, Inline Tactics,
and Implementation Shortfall . Pipeline empowers firms to execute block trades in
single executions. ESP's client base
includes hedge funds, pension plans, investment advisors, boutique
broker-dealers and traditional asset managers . For more information, please visit www., as a presenter

WHAT: SANDLER O'NEILL + PARTNERS , L. Fleischman, Chief Financial Officer
TradeStation Group, Inc. Wolters Kluwer is headquartered in
Amsterdam, the Netherlands.

frankel aex

fastesp.com

(Member NASD, NYSE, SIPC, NSCC , DTC, OCC +
NFA) is a licensed securities broker-dealer and a registered futures
commission merchant , and also a member of the American Stock Exchange,
Archipelago Exchange, Boston Options Exchange , Chicago Board Options Exchange,
Eurex US, International Securities Exchange, Pacific Exchange and Philadelphia
Stock Exchange.

currencies hedging

Pipeline Completes Integration with ESP's Global DMA and Electronic Algorithm Routing Network -EARN-

"We believe that the addition of Pipeline to
our DMA Network will provide an extremely valuable source of block
liquidity for our clients, particularly when used in conjunction with
the suite of other algorithms offered through our EARN(TM) Strategy
Portal."
The Pipeline Alternative Trading System (ATS) maintains a hidden
book of large, executable limit orders with strict price time
priority, and enables institutions and brokerage firms to quickly and
efficiently trade blocks of NYSE-listed companies, NASDAQ stocks,
and Exchange Traded Funds (ETFs) anonymously in single executions,
while minimizing gaming. "Traders will receive single-point
access to a terrific suite of algorithmic tools, while using Pipeline
to trade with large natural contras. FINANCIAL SERVICES CONFERENCE -
"A TIME FOR STRUCTURAL CHANGE"

WHEN: Wednesday, June 8, and Thursday , June 9, 2005
7:30 A.
IB, with a capitalization of $1.8 billion, is ranked as the 20th-largest
U.

equities tullett

"
One of the major benefits that ESP provides is centralized
clearing, settlement and delivery across all market destinations and
algorithms, so clients get the added benefit of having their Pipeline
trade executions aggregated along with all other DMA and algorithmic
executions , and delivered as a single or allocated block trade."
Using GainsKeeper tools, IB customers will be able to automatically
calculate their tax liabilities and generate the Schedule D tax return,
significantly reducing the risk of errors or overpayment of taxes on
investments while saving them time during tax season.

tullett hedging

Pipeline maintains a hidden book of large,
executable limit orders with inline price protection.
Listeners must enter the passcode in order to join in the session.

Interactive Brokers Selects GainsKeeper for Tax Lot Accounting Services

broker-dealer by Institutional Investor .

aegon hedging

"By combining Pipeline's large block market with ESP's network of
algorithms, clients can seamlessly integrate their tactics for
achieving best execution electronically," said Fred Federspiel,
Founder and President of Pipeline.,

WHO: TRADESTATION GROUP, INC.

icap ndf

M.
"For nearly three decades , IB has been on the leading-edge of building
direct access trading technology that delivers unique advantages to its
customers-recently evidenced by its leading position in Barron's 2005 ranking
of on-line brokerages," Cameron Routh, head of partner relations for
GainsKeeper, said. Wolters Kluwer has annual revenues (2004) of
employs approximately 18,400 people worldwide, and maintains operations across
Europe, North America, and Asia Pacific.

troika recapture

sandleroneill.

brokerages aex

TradeStation Group Inc. to Participate in Sandler O'Neill Financial Services Conference

, eastern time, on June 8, 2005

TOPICS: TRADESTATION GROUP'S Co-Chairman and Co-CEO, Bill Cruz, will cover
topics that may include the company 's performance, prospects, targeted
markets, competition, marketing and sales plans, and other company
initiatives.ibeam.

Audio Conference

The conference will also be available via audio conference.
TradeStation is an electronic trading platform that offers state-of-the-art
direct -access order execution and enables clients to design, test, monitor and
automate their own custom trading strategies. --IB retail customers to have access to GainsKeeper's
on-line services for tax-smart portfolio management--

BOSTON, GainsKeeper(R) ( http://www .gainskeeper.

sipc primasia

(Nasdaq: TRAD), through its operating subsidiary,
TradeStation Securities, Inc.

Brokerage firms that offer services to the public for trading stocks, bonds, and/or mutual funds as well as speculative instruments.

Such firms usually charge a commission for carrying out the purchase, sale, trade or disposition of securities or other assets for which they are licensed.