Sep
10
Summer Market Volatility Good for eBrokers?
Filed Under Financial
Coventional wisdom says that the market volatility is good for option-focused ebrokers (TRAD, OXPS, SWIM, etc). We just completed our first metric forecast (August 2007 DARTS) for ebroker optionsXpress (OXPS).
Contrary to our notion of the conventional wisdom, our forecast indicates that optionsXpress will report a 10% decrease in DART volume for August 2007 compared to July 2007 and a 58% increase over August 2006. A majority of the 58% year-over-year increase is attributable to the January 2007 acquisition of Xpresstrade according to our data.
optionsXpress is scheduled to release August DARTS pre-market on September 12th. The August DART Forecast report will be available in The Channel Checkers archives October 1st (www.thechannelcheckers.com/archive/).
A copy of the full report is for sale from The Channel Checkers directly by calling 415.359.9153 or e-mailing casey@thechannelcheckers.com.
Comments
Leave a Reply