Sep. 9, 2009 (Business Wire) -- optionsXpress Holdings, Inc. (Nasdaq-GS: OXPS) today reported key monthly performance metrics for August. Highlights for the month included:
- Retail daily average revenue trades (DARTs) of 30,600 – flat with August 2008, 6% higher than July 2009
- Institutional daily average revenue trades (DARTs) of 11,100 – 5% higher than August 2008, 1% lower than July 2009
- Net new customer accounts of 2,500. Ending customer accounts of 341,200 – 13% higher than August 2008, 1% higher than July 2009
- Ending client assets of $6.0 billion – 5% higher than August 2008, 1% higher than July 2009
- Ending margin balances of $125 million – 47% lower than August 2008, 4% lower than July 2009
“Trading activity rose in August, driven by an increase in equity trades while options activity held steady,” commented David Fisher, Chief Executive Officer of optionsXpress. “We also saw a meaningful improvement in new account growth, but the ongoing recessionary environment may lead to continued fluctuations in account acquisition.”
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.
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