optionsXpress makes the 24 hours of the day for futures e-trading

OptionsXpress Holdings has introduced 24 hours a day to trade in a wide range of futures contracts in electronic commerce, including many popular financial, interest rates, currencies, metals, energy and housing future.

In addition to allowing investors to trade any time in these markets are open, optionsXpress also offers 24-hour live support professionals leave via IM, email and telephone.

David kalt, CEO of optionsXpress, said the move was designed to better serve the growing number of investors who have begun trading futures, particularly in the markets have become more electronic and as exchanges have introduced innovative retail investors friendly products.

With optionsXpress, futures traders can trade securities and futures side-by-side through a single brokerage account. Other benefits for merchants are easy to trade for tickets to the advanced capabilities and a set of future-oriented tools and services, such as webinars and virtual trade.

More than 40 futures contracts traded on the Chicago Mercantile Exchange, Chicago Board of Trade and the New York Mercantile Exchange, are available through optionsXpress.

About optionsXpress Holdings, Inc.
optionsXpress Holdings, Inc. provides innovative securities brokerage
products and services for investor education, strategy evaluation and trade
implementation. Through its subsidiaries optionsXpress, Inc., an online
brokerage, and brokersXpress, LLC, an online distributor for investment
representatives and advisors, the company offers a wide range of investors
tools, outstanding customer service via Live Help chat service
competitive commissions. optionsXpress has been named top of the line
securities brokerage by Kiplinger’s Personal Finance (2006) and by Barron’s
in its last four annual surveys (2003 to 2006).

www.optionsxpress.com

optionXpress Holdings, Inc. (Nasdaq: OXPS), options and online brokers, today announced the hiring of two new senior executives, Barry Metzger and Patrick Schuler.

optionXpress Metzger joins as General Manager of its subsidiary brokersXpress, a platform of representatives of brokerage services and independent registered investment advisors. In this role, he will be responsible for the growth strategy of brokersXpress, including sales and marketing, recruitment and continued product enhancements. Before coming to brokersXpress, Metzger was Vice President and Regional Training Manager at Morgan Stanley, focused on recruitment, training and retention of financial advisors.

Metzger will report to Ned Bennett, Chairman of the Board of brokersXpress. Bennett says Metzger brings a high level of energy and a track record serving investment professionals. “We are delighted to bring to Barry and his unique ability to find innovative ways to meet the needs of brokers and independent advisors. With his background, brokersXpress should distinguish itself as the main platform for brokering the growing customer base.”

Schuler joins optionXpress as Chief Technology Officer, reporting to CEO David kalt, who had also served as CTO of the company since its founding in 2000. In this paper, is responsible for all optionXpress technology initiatives, including technology development and deployment of products, database architecture and strategies, and all the networks and infrastructure systems.

Schuler brings over 20 years of experience in the technology of the securities industry, most recently Goldman Sachs & Co. where he served as Vice President and Global Head, Regional Enterprise Technology. In this role, Schuler managed a global team responsible for technology strategy and implementation of regional offices around the world.

Kalt says Schuler is a perfect fit for the company. “optionXpress growth is largely due to our culture of innovation. Throughout the career of Pat, who has shown the same commitment to technology as a competitive advantage.”

www.optionxpress.com

Analysts are looking for EPS of 23c on revenue of $ 48.40M. The consensus range is 21c-26c for EPS, and revenue of $ 45.88M, $ 53.10M, according to First Call.
Analyst Views

JMP securities recently assumed coverage with an Outperform rating optionseXpress. The company expects the company to continue to gain market share due to its small size and differentiated product offerings. JMP is more optimistic about the stock options traders that traders, as opinions as options traders richer, better educated, older and more likely to be repeat users that equity traders.

Merriman is also optimistic about the prospects optionseXpress. Notes that the online brokerage firm thinkorswim Group (SWIM) net new accounts funding record for the month of March. The company believes that this bodes well for the results of March optionseXpress and predicts that the company will report in line or better than expected Q1 results.

www.optionsexpress.com

optioneXpress Holdings, Inc. provides Internet-based options, futures, stocks, mutual funds, fixed income and brokerage services to investors located in the United States and internationally. Your brokerage trading platform offers several tools that allow investors and professionals to identify, analyze and implement a range of investment strategies.

optioneXpress offers custom trade tools and experienced and novice options investor value. Superior options trading technology from industry leading optioneXpress.

www.optionexpress.com