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optionsXpress® Introduces Advanced Chart Patterns for Technical Analysis

CHICAGO (Business Wire EON/PRWEB ) June 7, 2007 -- optionsXpress Holdings, Inc. (Nasdaq: OXPS):

Highlights:

  • Online broker optionsXpress, Inc. introduces Advanced Chart PatternsSM, a new technical analysis charting package.
  • Advanced Chart Patterns improves technical analysis by integrating real-time market data.
  • Investors can utilize 36 different chart patterns to find new investing opportunities.

Online broker optionsXpress, Inc., a wholly owned subsidiary of optionsXpress Holdings, Inc. (Nasdaq: OXPS), has introduced a powerful new technical analysis tool, Advanced Chart Patterns (http://www.optionsxpress.com/welcome/tour/quotes/adv_chart_patterns.a spx?SessionID). (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. You may also need to remove an extra space in the URL if one exists.)

Creating a unique evaluation tool, optionsXpress has added real-time market data to state-of-the-art chart pattern software from Recognia (www.recognia.com), enhancing the ability of investors to identify and act on opportunities quickly.

Technical analysis has become a more widely used tool by investors, so allowing optionsXpress customers to easily search for equities based on dozens of popular technical pricing trends is a significant enhancement to our platform, said David Kalt, CEO of optionsXpress Holdings, Inc. With Advanced Chart Patterns, we have further strengthened our innovative educational and evaluation tools (www.optionsxpress.com/toolbox), helping customers find and take advantage of new investing opportunities before the markets make their next move.

Technical analysis is simplified through Advanced Chart Patterns, which allows investors to quickly search for bullish, bearish and other trends among thousands of securities. Investors can access 36 different technical trends from the familiar, such as Double Bottoms, Head and Shoulders, Moving Average Crossovers and Breakouts, to the more esoteric, such as Bearish Symmetrical, Continuation Triangle or Descending Continuation Triangle.

We have long been impressed by how optionsXpress can take something complex and simplify it, said Rick Escher, President and CEO of Recognia Inc. With Advanced Chart Patterns, the company is taking technical analysis to another level, making it accessible and actionable for all levels of investors.

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, and brokersXpress, LLC, an online trading and reporting platform for independent investment professionals. Barrons named optionsXpress the number one online broker for four years in a row (2003 to 2006) and Kiplinger's Personal Finance named it the top discount broker in 2006.

www.optionsxpress.com

www.brokersxpress.com

See the original story at: http://eon.businesswire.com/releases/optionsxpress/chart/prweb530187.htm

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CONTACT INFORMATION

Strategics, Inc.
Media Contact:
Josh Inglis, 312-346-2007
jinglis@strategicsinc.com

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