OPEN E CRY, LLC Launches OEC System Center, an Innovative Service to Manage Futures

October 22, 2009 8:30 AM EDT

POWELL, Ohio--(BUSINESS WIRE)-- Open E Cry (OEC), an industry leader in online futures brokerage, and subsidiary of optionsXpress Holdings, Inc. (NASDAQ: OXPS), today announced the release of its latest innovation in futures trading, the new OEC System Center. This release specifically focuses on investors who are seeking alternatives to traditional investment outlets. The proprietary OEC System Center takes sophisticated, alternative investments such as computerized futures trading systems and makes them easy to understand and accessible to all investors.

"Introducing automated futures trading systems capabilities is the best possible product extension for this market, and directly addresses the needs of our active traders and high volume institutional clients who want to diversify their portfolios," commented Rick Tomsic, CEO of Open E Cry.

The OEC System Center provides customers with detailed reports that enable them to select the most appropriate automated trading system for their individual portfolio. It also combines sophisticated analysis with easy to comprehend graphics into one comprehensive tool through which customers can now interactively:

    --  Research existing commodity futures trading systems
    --  Analyze automated trading systems against their existing portfolios
    --  Evaluate system performance over selected time periods or by sector
    --  Run comparisons of the various automated trading systems

Additionally, the OEC System Center allows customers to link their preferred automated system directly to their existing account.

If you'd like more information about this topic, or to schedule an interview with Rick Tomsic, please call Brian Weis at 614.792.2690 or e-mail Brian at BWeis@openecry.com.

About Open E Cry

OEC was founded on 2002 and is an online brokerage company offering its OEC Trader trading software to futures and forex investors. Its clients include active traders, institutional clients, and introducing brokers.

About optionsXpress Holdings, Inc.

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.

More information can be found in the Investor Relations section of optionsXpress' website at www.optionsxpress.com/investor.

Barron's named optionsXpress the number one online broker for four years in a row (2003 to 2006) and among the best for options, long-term investing and usability in 2009. Kiplinger's Personal Finance named it the top discount broker in 2006.

"Best Online Broker" 3/6/06, 3/7/05, 3/8/04, 3/10/03, and one of Barron's Best Online Brokers 3/3/07 and 3/16/09 based on: Trade Experience; Trade Tech; Usability; Offerings; Research; Portfolio Analysis; Customer Service/Access; Costs. Barron's is a registered trademark of Dow Jones & Company (C) 2009.

"Best Online Broker" by Kiplinger's 7/06, based on: Commissions/Fees; Executions; Margin Rates; Interest on Cash; Maximum Fund Transaction Fee; Responsiveness/Broker Knowledge; Research; Web Site; Cost-Basis Data; Conduct. Kiplinger's is a trademark of The Kiplinger Washington Editors, Inc. (C) 2009.

Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, volume and other factors. An investor should understand these and additional risks before trading. optionsXpress, Inc. makes no investment recommendations and does not provide financial, tax or legal advice. Content and tools are provided for educational and informational purposes only. Products and services intended for U.S. customers and may not be available or offered in other jurisdictions.

Copyright (C) 2009 optionsXpress, Inc. All rights reserved. Member FINRA, SIPC, CBOE, ISE, BOX, ArcaEx, PHLX and NFA.

    Source: Open E Cry

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