TradeStation SPAC Presentation Deck

28 How TradeStation Generates Revenue Trading-Related Revenue Includes brokerage commissions received on equities, futures and options trading; commissions received on cryptocurrency trading; services fees; other customer fees and charges; and payments for order flow Net Interest Income Includes net interest income from securities lending, cryptocurrency lending, margin lending and investment returns from customer cash in custody and TradeStation assets ■ Subscription and Other Revenue Includes subscriptions, B2B platform license royalties, development and technology support services provided to Monex and other miscellaneous revenues Net Revenue: ($ in millions) 7% 33% 60% Net Revenues (% of Total Revenue) FYE 3/31/19 $177 5% 35% 60% FYE 3/31/20 $189 4% 18% 78% FYE 3/31/21 $219 B

View entire presentation