OptionsXpress establishes Singapore subsidiary

Source: OptionsXpress Holdings

OptionsXpress Holdings, Inc. (NASDAQ:OXPS) , the online options and stock brokerage, announces the launch of optionsxpress.com.sg, the company's expansion to Singapore through its subsidiary optionsXpress Singapore Pte Ltd.

With this expansion, Singaporeans who wish to invest in the U.S. securities market will be able to leverage the full range of optionsXpress' award-winning education, evaluation and execution tools.

"As self-directed individual investors increasingly look to options as a compelling financial product, optionsXpress Singapore is committed to bringing low-cost, efficient and customer-friendly access to the U.S. stock and options markets," said Tom Stern, CEO of optionsXpress International and managing director of optionsXpress Singapore.

"We see great potential for the online options trading market in countries like Singapore, where derivatives trading among individual investors is already well-established," Stern added.

Comments: (0)