SB Informer
Wednesday, October 18, 2006; 02:30 AM
optionsXpress Holdings, Inc. announced that business magazine Forbes (October 30, 2006) has ranked it among the top three small businesses in the United States in its annual "200 Best Small Companies" list.
In the article, which is available online at Forbes.com, Forbes noted that "optionsXpress clients like the simple fees (example: $1.50 per options contract with a $15 minimum); fast feedback that highlights when an order can be executed on a different exchange at a better price; and StrategyScan(R), which gives investors three different ways to invest in a company, clearly outlining potential gains and losses."
"The team at optionsXpress has worked incredibly hard from day one to provide our customers with what we believe is the single best online brokerage experience for all types of investors," said David Kalt, CEO of optionsXpress. "The Forbes ranking, which is a reflection of our robust growth and the shareholder value we have created, is something we are all very proud of, from our trading desk to our front desk."
To be considered for the Forbes "200 Best Small Companies" list, companies must meet the following parameters:
-- Sales between $5 million and $750 million;
-- Share price above $5 as of Sept. 29;
-- Three-month average volume of 10,000 or more shares;
-- Profit margins of greater than 5%;
-- Positive sales and profit growth, on average, over both the last five years and last 12 months.
About optionsXpress Holdings, Inc.
optionsXpress Holdings, Inc. provides innovative securities and
futures brokerage products and services for investor education,
strategy evaluation and trade execution. Through its subsidiaries
optionsXpress, Inc., an online brokerage, and brokersXpress LLC, an
online broker dealer for investment representatives and advisors, the
company offers a wide range of investor tools, outstanding customer
service via Live Help chat service and competitive commissions.
optionsXpress has been named the top online securities brokerage by
Kiplinger's Personal Finance (2006) and by Barron's in its last four
annual surveys (2003 to 2006).
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Josh Inglis, Strategics, Inc., 312-346-2007, jinglis@strategicsinc.com |