optionsXpress®
Introduces Innovative New Investor Tools
CHICAGO (Business Wire EON/PRWEB ) July 21, 2008 --
optionsXpress Holdings, Inc. (Nasdaq:OXPS) today announced the rollout
of yet another significant number of new or enhanced tools to its award
winning brokerage platform, focusing on investor education, strategy
evaluation and trade execution. These unique and proprietary features
are part of optionsXpress' fourth major site release in 2008.
"In just the first six months of the year, we have delivered over 1,000
enhancements to our site," said David Fisher, CEO of optionsXpress.
"Some of the changes are obvious, while others are subtle yet meaningful
improvements to the overall customer experience."
The site improvements include:
-
"What-if" Portfolio Margining - optionsXpress now
offers the ability to test "what-if" scenarios, making it easier than
ever to understand and predict how market movements and position
changes can impact portfolio margining calculations. At a time when
many brokers still do not offer portfolio margining, this enhancement
further separates optionsXpress from the competition.
-
Trade Calculator - Customers can now enter new and additional
information into the calculator, making it more applicable to a wider
range of needs.
-
Futures Options - Long an industry leader in the development of
easy-to-use options chains, optionsXpress has expanded its offering
within futures options, giving traders easy access to more futures
options information via separate call and put pages.
-
Site Customization - Additional customization parameters to
better personalize the overall optionsXpress trading experience.
-
Price Information - A new theoretical Option Pricer within the
order entry pages to more quickly provide additional pricing data. In
addition, a convenient price refresh feature allows clients to get one
or many price updates prior to submitting an order.
Many of the new tools and enhancements were developed in response to
customer requests. In fact, optionsXpress maintains a wish-list for
customer feedback, and receives hundreds of customer suggestions monthly.
“Our clients ask and we deliver,”
said Fisher. “From increased page and data
sorting features to more powerful trade documentation, our customer
feedback consistently drives our development process.”
About optionsXpress
optionsXpress, a pioneer in equity options and futures trading, offers
an innovative suite of online brokerage services for investor education,
strategy evaluation and trade execution through its subsidiaries.
optionsXpress’ 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; and Open E Cry, a
direct access futures broker serving active traders. Barron’s
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.
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 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 © 2008.
"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. © 2008.
Futures involve substantial risk and are not appropriate for all
investors. Please read "Risk Disclosure Statement for Futures and
Options https://www.optionsxpress.com/downloads/risks_futures_options.pdf"
prior to applying for an account.
See the original story at: http://eon.businesswire.com/releases/optionsxpress/futures/prweb1130184.htm
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