CHICAGO, Aug. 18, 2010 (GLOBE NEWSWIRE) -- optionsXpress Holdings, Inc. (Nasdaq:OXPS) today reported key monthly performance metrics for July. Highlights for the month included:
- Retail daily average revenue trades (DARTs) of 26,400 – 9% lower than July 2009, 6% lower than June 2010
- Institutional daily average revenue trades (DARTs) of 13,500 – 21% higher than July 2009, 8% lower than June 2010
- Net new customer accounts of 1,600. Ending customer accounts of 367,100 – 8% higher than July 2009, flat with June 2010
- Ending client assets of $7.4 billion – 24% higher than July 2009, 5% higher than June 2010
- Ending margin balances of $213 million – 64% higher than July 2009, 4% higher than June 2010
"Trading activity slowed in June and July in line with lower trading volumes industry-wide," commented David Fisher, Chief Executive Officer of optionsXpress Holdings, Inc. "However, continued strength in customer asset balances gives us confidence that trading levels will improve as markets stabilize and economic indicators improve."
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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