optionsXpress Inc.

I received this letter from the CEO of OptionsXpress after the recent breakdown and bankruptcy talk surrounding E*Trade (ETFC). This is why I love the company and have remained a member since its debut in 2001 (it actually debuted in December 2000):

You may have heard about the recent turmoil concerning one of the large online brokers. I want to let you know that optionsXpress is not at risk of the same market-related issues. Our company does not invest in mortgages or mortgage-related securities and your funds are in good hands.

If you are concerned about accounts you may have at other brokerage firms, I invite you to open another account here at optionsXpress. optionsXpress has SIPC and excess SIPC coverage, giving your account additional protection beyond SIPC’s limits.

We’ll pay the Account Transfer fees charged by the brokerage.

If you have any questions regarding how to transfer your account to optionsXpress or anything else we can help you with, please send us an email, talk to us via live chat, or call us at 1-888-280-8020.

Regards,
Ned Bennett
CEO, optionsXpress Inc.

optionsXpress (OXPS) is a pioneer in online options trading, headed by a unique management team with over 30 years combined experience in the options marketplace. David Kalt, James Gray and Ned Bennett came together in late 1999 with a shared vision to build a better online brokerage for the retail option investors.

Their vision became a reality when www.optionsXpress.com launched in December 2000. Four years later, the three took the company public (NASDAQ: OXPS) to continue building a better brokerage, year after year.

Our Goal
To deliver more value for our clients by:

• Educating customers about options trading and using the optionsXpress award-winning platform
• Helping them to Evaluate options using our state-of-the-art proprietary tools, and
• Executing their trading decisions quickly and accurately at a reasonable price.

The address is:
311 W. Monroe Street, Suite 1000
Chicago, Illinois 60606
Tel: (312) 630-3300 | (888) 280-8020
Fax: (312) 629-5256

I actually owned and followed the stock back in 2005 but it didn’t work out the way I anticipated: