optionsXpress - Ownership and Business Overview

Financial ServicesCompany

optionsXpress Ownership

Who owns optionsXpress?

optionsXpress is owned by The Charles Schwab. It was acquired on March 21, 2011.

Was optionsXpress formerly PE-backed?

Yes. optionsXpress was formerly owned by 1 private investor.

optionsXpress Business Overview

Where is optionsXpress headquartered?

optionsXpress is headquartered in Chicago, Illinois.

How many employees does optionsXpress have?

optionsXpress has 408 employees.

What sector is optionsXpress in?

optionsXpress is a financial services company.

When was optionsXpress founded?

optionsXpress was founded in 2000.

Financial Services M&A Summary in 2011

Out of 60 sectors in the Mergr database, financial services ranked 9 in number of deals in 2011. The largest financial services acquisition in 2011 was ING Direct USA - which was acquired by Capital One Financial for $9.0B.

Join Mergr to view all 167 acquisitions of financial services companies in 2011, including 34 acquisitions by private equity firms, and 133 by strategics.

optionsXpress, Inc.

311 West Monroe Street, Suite 1000,
Chicago, Illinois 60606
United States,
(312) 630-3300
www.optionsxpress.com

optionsXpress Holdings, Inc., a pioneer in equity options and futures trading, offers an innovative suite of online brokerage services for investor education, strategy evaluation and trade execution. optionsXpress Holdings subsidiaries include optionsXpress, Inc., a retail online brokerage specializing in options and futures, brokersXpress, LLC, an online trading and reporting platform for independent investment professionals, Open E Cry, LLC, an innovative futures broker offering direct access futures trading for high volume commodities and futures traders through its proprietary software platform, and Optionetics, Inc., a leading provider of investment education services, including live seminars, proprietary software analytics, online and offline educational products and individual coaching.


Company Summary

SECTOR

Financial Services

Employees

408

Established

2000

Subsidiary of

Charles Schwab

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