OptionsHouse Listed as 'Best for Options Traders' For a Second Consecutive Year in Barron's Annual Survey of Online Brokerages

CHICAGO, March 16 /PRNewswire/ -- Online retail brokerage firm, OptionsHouse, LLC ("OptionsHouse"), earned high marks in Barron's(1) 2010 annual ranking of online brokers.  For 85 years, Barron's has been the source that America's business and financial leaders turn to every week for authoritative market analyses and insights on companies, industries, sectors, the economy and financial markets in the U.S. and around the world.(2)  Their annual brokers review has been a sought after resource for traders since its inception 15 years ago.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20090407/OPTIONSLOGO)

For a second consecutive year OptionsHouse was named one of the "Best for Options Traders" among an impressive list of over 20 brokerage firms.  According to Barron's "The [OptionsHouse] site is packed with tools for options traders." Regarding the platform itself, Barron's added "…your positions, and your overall portfolio, are nicely laid out and understandable."

OptionsHouse has set the standard for what it means to offer a superior trading experience for options traders.  Leveraging the experience and expertise of parent company PEAK6 Investments, L.P., OptionsHouse brings consumers a suite of professional-grade tools designed to maximize speed, stability and usability.

OptionsHouse stands out from the rest, offering low, competitive pricing and the flexibility to choose between two commission structures.  For those customers who routinely trade more than ten contracts per trade, OptionsHouse offers single-leg trades for $8.50 (plus 15 cents per contract).  For customers who generally trade fewer than ten options contracts per trade, there is a "5 for $5" plan, which charges $5.00 for five single-leg, options contracts ($1.00 for additional contracts).  In addition, stock trade commissions remain among the lowest in the industry at only $2.95(3) per trade.

"Last year was a good year for OptionsHouse.  We look forward to building on this momentum in 2010, with an ongoing commitment to investing in our platform and trading expertise, as well as delivering a great value to our customers," said George Ruhana, OptionsHouse CEO.

For more information about OptionsHouse go to www.optionshouse.com.

About OptionsHouse:

OptionsHouse, LLC, is an online stock and options broker delivering a fast, streamlined trading experience on its professional-grade trading platform, accessible at OptionsHouse.com. A licensed FINRA broker-dealer, OptionsHouse, LLC was founded in 2005 and is a subsidiary of proprietary options-trading firm, PEAK6 Investments, L.P.

(1) Barron's, March 15, 2010, 15th annual survey, "Newest Trading Play: Screen Savings", by Theresa W. Carey. © 2010 Dow Jones & Company, Inc.  Overall ratings (on a five-star scale) based on Usability, Trade Experience, Trading Technology, Range of Offerings, Research Amenities, Portfolio Analysis & Reports, Customer Service & Education and Costs.

(2) About Barron's.  Retrieved March 12th, 2010, from Barron's Magazine Official website: http://barronsmag.com/about/about.html  

(3) No escalating per-contract fees for stocks or equity options.  OptionsHouse reserves the right to pass-through any regulatory fees and any third-party fees related to index and ETF options. For stocks priced $2.00 or less, add $0.005 per share for the entire order.  See www.optionshouse.com/rates for more details on trade commissions for mutual funds and other securities. Customers may trade up to 50,000 shares or 4,000 option contracts per trade; trades in excess of these parameters require multiple order tickets and will be billed as separate orders.

Options involve risk and are not suitable for all investors. In addition, electronic trading poses unique risk to investors. System response and access times may vary due to market conditions, system performance and other factors. OptionsHouse provides neither investment nor tax advice. Please read Characteristics and Risks of Standardized Options | Risk Statements and Disclosures | Privacy Policy, copies of which can also be obtained by contacting our Customer Service Department at [email protected].

© 2006 - 2010 OptionsHouse, LLC All rights reserved. Member of FINRA, SIPC.

SOURCE OptionsHouse, LLC