CHICAGO, Nov. 10, 2010 (GLOBE NEWSWIRE) -- optionsXpress Holdings, Inc. (Nasdaq:OXPS), a pioneer in bringing professional technology for options and futures trading to individual investors, announced new tools and strategies to create a powerful futures trading experience, including enhancements to its proprietary Chart Patterns.
Chart Patterns now covers futures markets, giving actionable trading ideas in energies, metals, currencies and more. Chart Patterns helps find and interpret key technical events in the markets - including where prices may be headed and how long they may take to get there.
optionsXpress also recently announced technology upgrades to its proprietary streaming charts, including a fully customizable grid view allowing traders to see a variety of charts simultaneously and the ability to save and reload charts for use during future sessions.
"These upgrades to our futures trading offering highlights our commitment to this important and growing asset class for individual investors," said David Fisher, Chief Executive Officer of optionsXpress. "When combined with our insightful market analysis and free education our customers have the tools they need to execute the futures strategies the way they want."
An increasing number of traders are turning to futures in search of opportunities that go beyond traditional stocks and bonds. According to the Futures Industry Association, global futures trading increased 47 percent in the first six months of 2010 when compared with the same time frame the previous year.1 With 24-hour access to leading futures exchanges in North America, Europe and Asia, customers of optionsXpress can trade almost anytime and anywhere.
"Many commodity markets have been very active in recent months and have caught the attention of savvy traders worldwide," said Dan O'Neil, Executive Vice President of Futures at optionsXpress. "Many individual investors now recognize that futures can be important tools to manage risk and diversify portfolios with commodities like gold, oil, wheat, and more."
About optionsXpress Holdings, Inc.
optionsXpress Holdings, Inc., a pioneer in equity options and futures trading, offers an innovative suite of online brokerage services for investor education, strategy evaluation and trade execution. optionsXpress Holdings subsidiaries include optionsXpress, Inc., a retail online brokerage specializing in options and futures, brokersXpress, LLC, an online trading and reporting platform for independent investment professionals, Open E Cry, LLC, an innovative futures broker offering direct access futures trading for high volume traders through its proprietary software platform, and Optionetics, Inc., a leading provider of investment education services, including live seminars, proprietary software analytics, online and offline educational products and individual coaching. For more information: http://www.optionsxpress.com.
1Futures Industry Association data is based on the number of contracts traded and/or cleared at 76 exchanges worldwide.
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Options involve risk and are not suitable for all investors. Please read "Characteristics and Risks of Standardized Options" or available by calling 1-888-280-8020.
Futures involve substantial risk and are not appropriate for all investors. Please read "Risk Disclosure Statement for Futures and Options" prior to applying for an account.
Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, volume and other factors. An investor should understand these and additional risks before trading. Products and services intended for U.S. customers and may not be available or offered in other jurisdictions.
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