CHICAGO, Sept. 15, 2010 (GLOBE NEWSWIRE) -- optionsXpress Holdings, Inc. (Nasdaq:OXPS) today reported key monthly performance metrics for August. Highlights for the month included:
- Retail daily average revenue trades (DARTs) of 25,600 – 16% lower than August 2009, 3% lower than July 2010
- Institutional daily average revenue trades (DARTs) of 12,500 – 13% higher than August 2009, 7% lower than July 2010
- Net new customer accounts of 1,600. Ending customer accounts of 368,700 – 8% higher than August 2009, flat with July 2010
- Ending client assets of $7.2 billion – 20% higher than August 2009, 3% lower than July 2010
- Ending margin balances of $186 million – 50% higher than August 2009, 12% lower than July 2010
"Customer engagement remained muted in August consistent with softer industry wide options and equities volumes," commented David Fisher, Chief Executive Officer of optionsXpress Holdings, Inc. "Despite these lackluster volumes in the markets and sustained weakness in the economy, we are still able to grow our customer base due to the strength of our platform and underlying secular growth in derivatives trading."
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.
The optionsXpress Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7487
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