| 21 July 2009

A new trading tool called IDEAS went live today at optionsXpress (OXPS). The tool uses a combination of existing tools in tandem to scan your current positions and recommend potential adjustments based on changing market conditions.

Apparently the tool takes results from StrategyScan, Chart Patterns, Trading Patterns and the Trade and Probability Calculated and mashes them together to form a sort of consensus opinion on your holdings.

The team at optionsXpress also announced some new enhancements to the myOX platform, including a new streaming function or the FleXChart application.