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Revision as of 03:41, 11 September 2009

optionsXpress Holdings Inc.
File:Oxi.gif
Company typePublic (NasdaqOXPS)
IndustryBrokerages
FoundedChicago, IL (2000)
HeadquartersChicago, IL, USA
Number of employees265 (2008)
Websitewww.optionsxpress.com

optionsXpress Holdings, Inc. is a retail, online brokerage firm, headquartered in Chicago, Illinois, that provides brokerage services for options, stock, futures, mutual funds, and fixed-income investments in the United States and internationally. Its browser-based technology provides trading tools, enabling retail and professional investors to identify, analyze, and execute a range of investment strategies.

Founded in 2000, optionsXpress has received numerous top rankings by personal finance publications, including the top-star ranking in the annual Barron's Magazine online broker review for five years in a row. Top rankings have also been awarded to optionsXpress by Forbes and Kiplinger's.

In 2008, OptionsXpress acquired Open E-Cry, an online futures brokerage, in a cash and stock deal valued at $18M.

Acquisition of Optionetics

On April 28, 2009 optionsXpress Holdings, Inc. (NasdaqGS:OXPS) enters a definitive agreement to acquire Optionetics, Inc. for approximately $20 million in cash, plus additional cash consideration based on future performance.

References

  1. Profile at Yahoo! Finance.
  2. Different strokes for . . ., Features, Barron's Online, Dow Jones WebReprint Service (March 6, 2006).
  3. OptionsXpress, Website Reviews, Best of the Web, Forbes.com (2007).
  4. The Best Online Broker: a relatively new player sweeps our rankings, by Steven Goldberg and Jessica Anderson, Trading, Kiplinger.com (July 2006).
  5. "OptionsXpress buys Open E Cry for $18M". Crain's Chicago Business. 2008-06-25. Retrieved 2009-02-23.
  6. http://www.reuters.com/article/pressRelease/idUS151872+28-Apr-2009+BW20090428

External links


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