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OptionsHouse, LLC
Slogan: Fast Matters General Description: OptionsHouse, LLC provides retail investors with online trading at a low, flat fee of $9.95 per option trade and $2.95 per stock trade, regardless of size*, through its website, OptionsHouse.com. Over a decade of experience and millions of dollars went into building the OptionsHouse trading platform, which is professional-grade and powerful, yet simple and streamlined. A licensed FINRA broker-dealer, OptionsHouse, LLC was founded in 2006 and is a subsidiary of PEAK6 Investments, L.P. Features: The web-based trading platform makes it easy to check market prices, create and analyze advanced options trades, and send orders using easy point-and-click interaction. OptionsHouse earned a four-star rating in Barron's 2008 Best Online Broker Survey**; among the 23 companies reviewed, OptionsHouse's trading platform rated #1 in "Usability" based on overall site design, ease of use and navigation, ability to customize and constant ticket. Additional Services: OptionsHouse offers a number of unique and useful features for options trading.
Equities: $2.95 flat-rate commission, unlimited shares. Options: $9.95 flat-rate commission, unlimited contracts.* Spreads: $14.95 commission (up to 4 legs). Account Minimum: $1,000 for a cash account; $2,000 for a margin account. Quotes: Free fast stock quotes and options chains. Miscellaneous: OptionsHouse is 100% web-based and requires a browser. However, broker-assisted trades are executed for no additional charge. Many of the representatives are themselves former professional traders. OptionsHouse also provides end-to-end trading solutions to hedge funds, broker-dealers, and other institutional clients.
Risk Disclosure: 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
* See ** Barron's, March 17, 2008, 13th annual survey, "The Best Online Brokers." Overall ratings based on Usability, Trade Experience, Trading Technology, Range of Offerings, Research Amenities, Portfolio Analysis & Reports, Customer Service, Costs. Usability rating based on overall site design, ease of use and navigation, ability to customize and constant ticket availability. Barron's is a trademark of Dow Jones, L.P. |