Utilizing a number of proprietary technologies and its exclusive Direct Access Routing Technology (DART), an intelligent order routing system, RushGroup offers real-time market data platforms and direct access trading systems to NASD member broker/dealers, institutional portfolio managers and traders.
RushTrade, a fully-disclosed introducing broker/dealer and member NASD, PCX and SIPC, offers securities and direct access online brokerage, trading and advanced order routing services to its retail customers utilizing RushGroup÷s software products. RushTrade customer accounts are insured up to $25 million and are held at a third-party clearing firm. RushTrade is registered in all 50 states and accepts customers from most foreign countries. Customer accounts are self-directed, and RushTrade does not provide advice or make trade recommendations. RushTrade Group is headquartered in Dallas, Texas, and its common stock is traded on the OTC.BB market under the symbol
RSHF. For more information about RushTrade and RushGroup products, please
visit www.rushtrade.com.
The Company was originally founded in 1990 as a traditional financial services company and grew rapidly from a start-up into a retail brokerage organization with a nationwide account base and network of agents and registered representatives, completing its Initial Public Offering (IPO) on the NASDAQ SmallCap Market at $5.50 per share
in April 1998. Less than one year later, on February 10, 1999, upon the announcement
of RushTrade.com, its common stock soared 422% as the NASDAQ÷s Top Gainer, becoming the first publicly traded company to offer direct-access order routing to retail customers.
In 1999, the Company embarked on a multi-million dollar proprietary technology development initiative in response to the burgeoning market for real-time financial technologies and direct-access online trading and moved quickly to acquire the technological assets of Block Trading, Inc. of Houston, Texas . At the same time, management divested and redeployed assets in an aggressive re-positioning strategy, redirecting its emphasis away from the traditional retail brokerage business with its lower operating margins to capitalize on the rapidly expanding market for real-time financial services technologies and direct-access online trading that is revolutionizing the online brokerage and institutional trading industry.
After more than three years of development and successful beta testing, RushTrade Group launched its technology platform in 2003 under its RushTrade® brand, offering multi direct-access software applications to meet the needs of active online investors, semi-professional traders, institutional traders and portfolio managers.
RushGroup provides real-time market data and the highest quality of trade executions
in U.S. equities with direct-access routes to all major exchanges and ECNs, streaming real-time quotes, charts, news, research, and other advanced trading and portfolio management tools.The RushTrade Group business model integrates a multi-channel, multi-product offering with a state-of-the-art technology and a high gross margin, low
cost operational infrastructure. RushTrade÷s sales and marketing programs, strategic alliances and potential licensing arrangements drive RushTrade Group÷s growth strategy.