Revision as of 15:05, 10 February 2019 editGjs238 (talk | contribs)Autopatrolled, Extended confirmed users, Pending changes reviewers, Rollbackers147,071 editsm Reverted edits by 82.132.238.199 (talk) to last version by BearcatTag: Rollback← Previous edit | Revision as of 12:28, 20 February 2019 edit undo2601:143:8003:75f0:6c82:df51:788b:3510 (talk) unreferenced & not notableNext edit → | ||
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{{Use mdy dates|date=April 2013}} | {{Use mdy dates|date=April 2013}} | ||
{{Infobox company | {{Infobox company | ||
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| name = optionsXpress, Inc. | ||
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| logo = File:Ox Logo.jpg | ||
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| type = Subsidiary | ||
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| industry = ]/]s | ||
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| founded = ] (2000) | ||
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| parent = ] | ||
⚫ | | homepage = {{URL|http://www.optionsxpress.com/}} | ||
| key_people = Barry Metzger, CEO | |||
| num_employees = 423 (December 2009) | |||
| parent = ] | |||
⚫ | | |
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}} | }} | ||
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==History== | ==History== | ||
* 2000 – optionsXpress founded by Ned Bennett, David Kalt and Jim Gray<ref> FINRA. Retrieved 2010-12-10.</ref> | * 2000 – optionsXpress founded by Ned Bennett, David Kalt and Jim Gray<ref> FINRA. Retrieved 2010-12-10.</ref> | ||
* March 2003 – The company creates brokersXpress to serve registered representatives, financial planners and registered investment advisors | |||
* 2004 – Inception of optionsXpress International, which expanded the company's offerings internationally | |||
* 2004 – optionsXpress' services are extended to Australia | |||
* 2005 – optionsXpress goes public with an IPO<ref> moneycentral.hoovers.com. Retrieved 2010-12-10.</ref> | * 2005 – optionsXpress goes public with an IPO<ref> moneycentral.hoovers.com. Retrieved 2010-12-10.</ref> | ||
* 2005 – The company begins offering its services in Canada | |||
* 2006 – The company expands its offerings to Singapore | |||
* 2006 – The company launches optionsXpress Europe | |||
* January 2007 – optionsXpress acquires Xpresstrade, which increased optionsXpress' offerings to include over 300 futures products worldwide<ref>{{cite news | url=https://www.reuters.com/article/optionsxpress-idUSWEN271120070124 | title=optionsXpress buys XpressTrade | work=] | date=January 24, 2007}}</ref> | * January 2007 – optionsXpress acquires Xpresstrade, which increased optionsXpress' offerings to include over 300 futures products worldwide<ref>{{cite news | url=https://www.reuters.com/article/optionsxpress-idUSWEN271120070124 | title=optionsXpress buys XpressTrade | work=] | date=January 24, 2007}}</ref> | ||
* October 2007 – David Fisher becomes CEO (previously served as CFO) | |||
* July 2008 – Acquisition of Paragon Futures/Open E Cry | |||
* May 2009 – Acquisition Lanai Partners, LLC/Optionetics, Inc. This acquisition widened the breadth of optionsXpress' educational offerings, which now include workshops, classes (live and online), newsletters, DVDs and strategy support | |||
* July 2009 – Launch of OX Mobile, allowing OX customers to monitor their accounts from their mobile phones | |||
* May 2010 – optionsXpress launches Xtend, a downloadable and customizable platform that offers real-time streaming quotes, charts, and news on users’ desktops | |||
* March 21, 2011 — ] announced the acquisition of optionsXpress Holdings Inc in a $1 billion transaction.<ref>{{cite news | url=https://www.washingtonpost.com/wp-dyn/content/article/2011/03/21/AR2011032101535.html | title=Charles Schwab buys OptionsXpress for $1B | work=] | publisher=] | date=March 21, 2011}}</ref> | * March 21, 2011 — ] announced the acquisition of optionsXpress Holdings Inc in a $1 billion transaction.<ref>{{cite news | url=https://www.washingtonpost.com/wp-dyn/content/article/2011/03/21/AR2011032101535.html | title=Charles Schwab buys OptionsXpress for $1B | work=] | publisher=] | date=March 21, 2011}}</ref> | ||
* June 10, 2013 U.S. SEC fines optionsXpress, individuals $4.8 mln for naked short sales.<ref>{{cite news | url=https://www.reuters.com/article/optionsxpress-penalty-sec-idUSL2N0EM0V820130610 | title=U.S. SEC fines optionsXpress, individuals $4.8 mln for naked short sales | work=] | date=June 10, 2013}}</ref> | * June 10, 2013 U.S. SEC fines optionsXpress, individuals $4.8 mln for naked short sales.<ref>{{cite news | url=https://www.reuters.com/article/optionsxpress-penalty-sec-idUSL2N0EM0V820130610 | title=U.S. SEC fines optionsXpress, individuals $4.8 mln for naked short sales | work=] | date=June 10, 2013}}</ref> | ||
* November 2014 Barry Metzger becomes CEO (previously served as COO) | |||
* October 9, 2017 optionsXpress migrates all client accounts to Charles Schwab & Company | |||
==See also== | ==See also== |
Revision as of 12:28, 20 February 2019
Company type | Subsidiary |
---|---|
Industry | Financial Services/Brokerages |
Founded | Chicago, IL (2000) |
Headquarters | Chicago |
Parent | Charles Schwab Corporation |
Website | www |
optionsXpress is a service of the Charles Schwab Corporation that provides an electronic trading platform for investing online, specializing in the trading of options.
History
- 2000 – optionsXpress founded by Ned Bennett, David Kalt and Jim Gray
- 2005 – optionsXpress goes public with an IPO
- January 2007 – optionsXpress acquires Xpresstrade, which increased optionsXpress' offerings to include over 300 futures products worldwide
- March 21, 2011 — Charles Schwab Corporation announced the acquisition of optionsXpress Holdings Inc in a $1 billion transaction.
- June 10, 2013 U.S. SEC fines optionsXpress, individuals $4.8 mln for naked short sales.
See also
References
- FINRA. Retrieved 2010-12-10.
- moneycentral.hoovers.com. Retrieved 2010-12-10.
- "optionsXpress buys XpressTrade". Reuters. January 24, 2007.
- "Charles Schwab buys OptionsXpress for $1B". Associated Press. Washington Post. March 21, 2011.
- "U.S. SEC fines optionsXpress, individuals $4.8 mln for naked short sales". Reuters. June 10, 2013.