(Source: Business Wire)

optionsXpress Holdings, Inc. (Nasdaq: OXPS) today announced that its
proprietary XpressRouter(R) Technology, which routes every customer
trade through multiple channels, has saved its customers over $7 million
in the last 12 months.*
"Other discount online brokers sometimes offer rock-bottom per-trade
rates but then fail to maximize investor value by getting less than
optimal execution, and this can adversely impact a customer's return,"
said Pete Bottini, Executive Vice President of Trading at optionsXpress.
"Our XpressRouter, combined with our talented execution team at
optionsXpress, deliver industry-leading trade execution which often
results in significant direct savings to optionsXpress customers while
offering competitive commission rates. In fact our XpressRouter has
generated over $7 million in direct savings to our customers."*
XpressRouter aims to seek out the best possible price for each order by
seeking liquidity through multiple channels -- exchanges and market
makers. In many cases XpressRouter has identified opportunities to buy
and sell at a significant advantage over the current NBBO (National Best
Bid and Offer), which may provide optionsXpress customers with an edge
over traders on other platforms. XpressRouter, through which every
eligible trade at optionsXpress is routed, is one of the many benefits
to trading stocks, options, futures, ETFs, bonds and mutual funds on
optionsXpress' award-winning trading platform.**
"Our passion and driving goal is to provide our customers with unmatched
access to the market," said David Fisher, Chief Executive Officer of
optionsXpress. "XpressRouter gives them that edge, allowing them to buy
lower, sell higher and maximize returns."
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.
*Based on third party analysis of price improvement for single-legged
option orders provided by S3 from September 1, 2008 to August 31, 2009.
**"Best Online Broker" 3/6/06, 3/7/05, 3/8/04, 3/10/03, and one of
Barron's Best Online Brokers 3/3/07 and 3/16/09 based on: Trade
Experience; Trade Tech; Usability; Offerings; Research; Portfolio
Analysis; Customer Service/Access; Costs. Barron's is a registered
trademark of Dow Jones & Company (C) 2009.
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. optionsXpress, Inc. makes no investment recommendations
and does not provide financial, tax or legal advice. Content and tools
are provided for educational and informational purposes only. Products
and services intended for U.S. customers and may not be available or
offered in other jurisdictions.
Copyright © 2009 optionsXpress, Inc. All rights reserved. Member FINRA,
SIPC,
CBOE, ISE, BOX, ArcaEx, PHLX and NFA.
A service of YellowBrix, Inc.