CHICAGO, Nov. 17, 2010 (GLOBE NEWSWIRE) -- optionsXpress Holdings, Inc. (Nasdaq:OXPS) today reported key monthly performance metrics for October. Highlights for the month included:
- Retail daily average revenue trades (DARTs) of 29,400 – 10% lower than October 2009, 9% higher than September 2010
- Institutional daily average revenue trades (DARTs) of 13,400 – 7% higher than October 2009, 11% higher than September 2010
- Net new customer accounts of 2,800. Ending customer accounts of 373,900 – 8% higher than October 2009, 1% higher than September 2010
- Ending client assets of $7.5 billion – 20% higher than October 2009, 1% lower than September 2010. Ending client assets would have been 3% higher than September 2010 excluding a transfer out from one institutional customer that did not account for significant revenue
- Ending margin balances of $198 million – 55% higher than October 2009, 7% higher than September 2010
"Customer engagement improved for the second straight month, with retail DARTs reaching their highest level since May and net new accounts reached their highest level since April," commented David Fisher, Chief Executive Officer of optionsXpress Holdings, Inc.
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 commodities and futures 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.
More information can be found in the Investor Relations section of optionsXpress' website at http://www.optionsxpress.com/investor.
The optionsXpress Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7487
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