Type: Subsidiary
On the web: http://www.optionsxpress.com
Employees: 408
Employee growth: (3.5%)

In a hurry to do some options trading? optionsXpress is an online brokerage that provides a customized interface for trading options, futures, stocks, and other products. The company is one of the few online brokerages offering futures and options, which together account for about 80% of its trading activity. optionsXpress has grown from some 162,000 customer accounts to around 400,000 accounts since 2005. It averages approximately 45,000 trades per day. The company also offers investor education products and services through Optionetics, which it acquired in 2009. optionsXpress was acquired by Charles Schwab in 2011.

Key numbers for fiscal year ending December, 2010:
Sales: $231.6M
One year growth: (0.9%)
Net income: $51.9M
Income growth: (14.6%)

Officers:
Chairman, optionsXpress Holdings and optionsXpress, Inc.: James A. Gray
President, CEO, and Director: David A. Fisher
CFO and Secretary: Adam J. DeWitt

Competitors:
E*TRADE Financial
Scottrade
TradeStation

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