21 May 2018

OptionsXpress releases futures platform for individual investors

14 January 2008  |  1650 views  |  0 Source: OptionsXpress

optionsXpress (Nasdaq:OXPS) today formally introduced a powerful, fully-integrated futures platform aimed at helping individual investors better manage their portfolios through improved diversification. optionsXpress is unique as a retail-focused online broker that is offering the ability to invest in futures side-by-side with stocks, options, ETFs, mutual funds and bonds.

The new futures capabilities, a result of the company's early-2007 acquisition of retail futures broker XpressTrade, offer investors seamless access to futures contracts listed at all U.S. futures exchanges, including CME Group, ICE US, OneChicago and NYMEX, as well as over 20 other leading US and international exchanges, including Eurex, ICE Europe, Liffe, Tokyo Commodity Exchange, Sydney Futures Exchange and Singapore Exchange.

"Retail investors have become very interested in futures as a result of currency volatility, rising energy costs and futures exchange IPOs over the past two years," said Dan O'Neil, executive vice president of futures at optionsXpress. "What retail investors are finding is a market that in many ways is similar to the equity options market several years ago; one that is becoming more focused on their needs, with electronic trade execution, more retail-friendly products, and a wealth of educational content."

As with all of optionsXpress' offerings, customers enjoy access to a wide variety of tools and services to help educate themselves about futures, evaluate investment opportunities and experience efficient trade execution. Among the many tools and features available to optionsXpress customers are virtual trading for futures; simplified order entry; futures spread trading; Advanced Orders, including Contingent Orders and Trigger Orders; futures research; and futures market news.

David Fisher, CEO of optionsXpress Holdings, adds, "Just as we did with equity options, optionsXpress looks forward to further leveling the playing field, making futures markets more accessible to more investors."

Over 100 futures contracts are available to optionsXpress customers in the following categories:
  • Metals
  • Energies
  • Grains
  • Stock Indexes
  • Currencies
  • Interest Rates
  • Softs (food and fiber)
  • Livestock and Dairy
  • Housing

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comVisit iliad-solutions.com/Visit www.vasco.com/news/mobile-first

Top topics

Most viewed Most shared
IT implications and the need to pivotIT implications and the need to pivot
9835 views comments | 2 linkedin
Ripple moves to build ecosystem around XRPRipple moves to build ecosystem around XRP
9774 views comments | 5 tweets | 8 linkedin
HSBC claims blockchain breakthrough for trade financeHSBC claims blockchain breakthrough for tr...
9538 views comments | 14 tweets | 16 linkedin
Former JPMorgan blockchain leads unveil new startupFormer JPMorgan blockchain leads unveil ne...
7410 views comments | 2 tweets | 2 linkedin
Worldline to acquire SIX Payment ServicesWorldline to acquire SIX Payment Services
7120 views comments | 14 tweets | 24 linkedin

Featured job

Find your next job