CHICAGO, Jan. 21, 2011 (GLOBE NEWSWIRE) -- optionsXpress Holdings, Inc. (Nasdaq:OXPS), a pioneer in bringing professional technology for options and futures trading to individual investors, ranked in the top five overall and number one for costs in Kiplinger's 2011 bi-annual ranking of The Best of the Online Brokers published in the February issue.
Kiplinger's evaluation team rated optionsXpress an all-around winner on costs, offering simple, competitive prices on trades. "We tailor everything at optionsXpress to thrill our core, individual investor customers," said David Fisher, Chief Executive Officer of optionsXpress. "They ask for simple pricing with full access to the tools, technology, and live help that gives them the confidence to trade – and we deliver it."
optionsXpress was also awarded 4 Stars for Web Site Usability. optionsXpress continually makes improvements to its trading technology based on trader usage trends, research, and suggestions from its customers. Most recently, optionsXpress launched powerful new streaming charts software that included 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. Other examples include being first to market with features like its "IDEAS" offerings – a one-click approach to generating trading strategies from a single stock or sector and the Xtend trading platform – leveraging Adobe AIR technology to bring the flexibility of drag-and-drop to the powerful optionsXpress trade execution capability.
In past years, optionsXpress has consistently been ranked as one of Kiplinger's top five online brokers – including the No. 1 spot in 2006*. The company has historically ranked highly in trade execution and customer service, as well.
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.
The optionsXpress Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6907
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.
*"Best Online Broker" by Kiplinger's 7/06, based on: Commissions/Fees; Executions; Margin Rates; Interest on Cash; Maximum Fund Transaction Fee; Responsiveness/Broker Knowledge; Research; Web Site; Cost-Basis Data; Conduct. Kiplinger's is a trademark of The Kiplinger Washington Editors, Inc. © 2009.
Copyright (C) 2011 optionsXpress, Inc. All rights reserved. Member FINRA, SIPC, CBOE, ISE, NFA, NASDAQ, NASDAQ OMXPHLX, NYSE ARCA, NYSE AMEX, and NYSE ARCA.
brokersXpress, LLC Member FINRA, SIPC NFA and a Registered Investment Adviser
Open E Cry, LLC, Member NFA.