| 12 August 2009

optionsXpress (OXPS) announced their monthly metrics for June today. The firm reported a decrease in daily average trades and basically flat-lined on new account growth. Customer assets grew slightly to $5.9 billion, which is 5% higher than a year ago and 4% higher than June.

CEO David Fisher commented on an increase in options trading activity, which he called a "key long-term driver."

Fisher also clarified that the decrease in new accounts is due, in part at least, to a drop in ad spending. "The broader macro-economic environment and planned reduced advertising spending contributed to lower net new accounts during the month," said Fisher.