CHICAGO, March 17, 2010 (GLOBE NEWSWIRE) -- optionsXpress Holdings, Inc. (Nasdaq:OXPS) today reported key monthly performance metrics for February. Highlights for the month included:
- Retail daily average revenue trades (DARTs) of 28,000 – 8% lower than February 2009, 17% lower than January 2010
- Institutional daily average revenue trades (DARTs) of 15,400 – 1% lower than February 2009, 16% higher than January 2010
- Net new customer accounts of 1,700. Ending customer accounts of 354,900 – 10% higher than February 2009, slightly higher than January 2010
- Ending client assets of $7.1 billion – 49% higher than February 2009, 4% higher than January 2010
- Ending margin balances of $177 million – 37% higher than February 2009, 3% higher than January 2010
"While trading activity slowed in February in line with a similar decline in options industry volumes, customer assets continued to be strong, reaching a new record level and outperforming all of the major indices through February," commented David Fisher, Chief Executive Officer of optionsXpress. "In addition, margin balances reached their highest level in 16 months."
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=6907
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