EXHIBIT 23.5
CONSENT OF INDEPENDENT ACCOUNTANTS
As independent certified public accountants, we hereby consent to the
incorporation by reference in this Form S-8 Registration Statement of our report
dated July 14, 2000 with respect to the TradeStation Group, Inc. balance sheet
included in TradeStation Group, Inc.'s Form S-4 Registration Statement (No.
333-34922) and to all references to our Firm included in this Registration
Statement.
/s/ Arthur Andersen LLP
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ARTHUR ANDERSEN LLP
Miami, Florida,
January 2, 2001.
