Charles Schwab Buys OptionsXpress Brokerage

I got an e-mail this morning that my trading account with OptionsXpress is merging with Charles Schwab. Well, considering Schwab (SCHW) has a market cap over 20 times that of OptionsXpress (OXPS), it’s more like they bought OX for their options/futures trading platform and active-trader clients. The WSJ reports: OptionsXpress shareholders will get 1.02 shares [...]

Source: http://feedproxy.google.com/~r/Mymoneyblog/~3/va3s2LsVds4/charles-schwab-buys-optionsxpress-brokerage.html

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