X0202 4 2005-11-23 0 0001111559 TRADESTATION GROUP INC TRAD 0001052104 CRUZ WILLIAM R 8050 SW 10TH STREET SUITE 4000 PLANTATION FL 33324 1 1 1 0 Co-Chairman and Co-CEO Common Stock 2005-11-23 4 S 0 100 12.18 D 1541664 I Partner Common Stock 2005-11-23 4 S 0 100 12.21 D 1541564 I Partner Common Stock 2005-11-23 4 S 0 200 12.32 D 1541364 I Partner Common Stock 2005-11-23 4 S 0 100 12.35 D 1541264 I Partner Common Stock 2005-11-23 4 S 0 200 12.37 D 1541064 I Partner Common Stock 2005-11-23 4 S 0 1300 12.38 D 1539764 I Partner Common Stock 2005-11-23 4 S 0 400 12.39 D 1539364 I Partner Common Stock 2005-11-23 4 S 0 2900 12.40 D 1536464 I Partner Common Stock 2005-11-23 4 S 0 600 12.41 D 1535864 I Partner Common Stock 2005-11-23 4 S 0 995 12.42 D 1534869 I Partner Common Stock 2005-11-23 4 S 0 3105 12.43 D 1531764 I Partner Common Stock 2005-11-23 4 S 0 3700 12.44 D 1528064 I Partner Common Stock 2005-11-23 4 S 0 1385 12.45 D 1526679 I Partner Common Stock 2005-11-23 4 S 0 600 12.46 D 1526079 I Partner Common Stock 2005-11-23 4 S 0 400 12.47 D 1525679 I Partner Common Stock 2005-11-23 4 S 0 1179 12.48 D 1524500 I Partner Common Stock 2005-11-23 4 S 0 500 12.49 D 1524000 I Partner Common Stock 2005-11-23 4 S 0 100 12.50 D 1523900 I Partner Common Stock 2005-11-23 4 S 0 100 12.52 D 1523800 I Partner Common Stock 2005-11-23 4 S 0 100 12.54 D 1523700 I Partner Common Stock 2005-11-23 4 S 0 600 12.55 D 1523100 I Partner Common Stock 2005-11-23 4 S 0 100 12.56 D 1523000 I Partner Common Stock 2005-11-23 4 S 0 100 12.59 D 1522900 I Partner Common Stock 8103738 I Partner Common Stock 900 I Spouse Common Stock 100 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by WRCF-II 1997 Limited Partnership on October 26, 2005. Shares owned by WRCF-II 1997 Limited Partnership, which is 100% beneficially owned by William R. Cruz. Shares owned by WRCF-I 1997 Limited Partnership, the 1% general partner of which is a Texas corporation that is wholly owned by William R. Cruz and the 99% limited partner of which is William R. Cruz. WRCF-I 1997 Limited Partnership is a 10% owner of the issuer. This partnership engaged in no purchase or sale transactions regarding the shares. Shares owned by Patricia Cruz, the wife of William R. Cruz. William R. Cruz disclaims beneficial ownership of these shares. /s/ William R. Cruz 2005-11-28