BondDesk reports optionsXpress and brokersXpress implementations

Source: BondDesk Group

BondDesk Group LLC, the largest electronic marketplace for retail fixed-income trading in the U.S., announced today that optionsXpress, Inc., an online broker specializing in options and futures, and brokersXpress, LLC, an online broker/dealer for independent financial professionals, are now live on the BondDesk Trading ATS.

optionsXpress and brokersXpress are subsidiaries of optionsXpress Holdings, Inc.

BondDesk provides over 280,000 customer accounts at optionsXpress and brokersXpress with access to more than 35,000 fixed-income offerings, including Municipals, Corporates, Agencies, Treasuries and CDs sourced from over 110 broker dealers.

"optionsXpress is known for its expertise in options and futures, but we are dedicated to providing investors with the premier online brokerage experience regardless of their investment choices," said David Fisher, CEO of optionsXpress Holdings, Inc. "For the growing segment of optionsXpress customers that use fixed income products, BondDesk provides a powerful back-end solution that allows us to offer a wider variety of fixed income products through our optionsXpress and brokersXpress platforms."

This announcement underscores BondDesk's leadership and innovations in the online brokerage channel. A wide range of fixed-income asset classes, unmatched liquidity and best execution have been drivers of BondDesk's success.

"We are delighted to be selected by optionsXpress and brokersXpress, both favorites of retail traders and independent financial professionals," said Peter Crosbie, CEO of BondDesk. "Like optionsXpress, BondDesk is committed to delivering the best user experience and execution in the industry."

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