http://www.openecry.com/company/newsevents.cfm
http://www.bloggingstocks.com/2008/06/25/optionsxpress-oxps-to-acquire-open-e-cry/
Great, so now I get to “enjoy” optionsXpress prices?
Incidentally, I don’t see why I, as a foreigner (brit), should have to pay a “foreign service” charge on every contract, even though I’m trading through a US broker, etc, etc. ie as far as I can tell there’s absolutely no overhead involved here, it’s merely a tax.
Also what’s with the “execution charge”? Surely it’s at least as cheap for the broker to accept orders via API as with their own software, so why an additional $1.99 per side charge - or is that a c2 commission?
optionXpress is (or was) Xpresstrade, the worst broker I ever had (many years ago)…
OTOH, at least they’re not going to go bust, as the rumors were having it a year ago.
