Summit Partners

Private Equity And Venture Capital
For Growth Companies

Investments

optionsXpress Holdings, Inc.

Chicago, Illinois

Industry
  • Financial Technology & Services
  • Internet & New Media
Date Invested
  • 2004
Status
  • Former Portfolio Company
Description

optionsXpress is an online brokerage firm for self-directed investors who want to use options to protect portfolios, increase investment income, and maximize returns on stock movements.

The company completed its initial public offering in 2005 (NASDAQ: OXPS). In 2011, optionsXpress was acquired by Charles Schwab.