OPTIONSXPRESS SELECTS ON POINT EXECUTIONS AS AN EXECUTION DESTINATION FOR ITS RETAIL ORDERFLOW

New York - 4 September 2007

On Point Executions, an agency brokerage firm providing premier equity-option smart-order routing solutions, today announced that optionsXpress Holdings, Inc., a leading online broker specializing in equity-options and futures, has selected On Point as one of its execution destinations.

Complementing optionsXpress’ proprietary smart order routing technology, optionsXpress’ customers can now choose to route their order flow to STING, On Point’s equity-options smart order routing facility.

STING aims to provide best execution to optionsXpress customers by instantaneously hitting all displayed liquidity at a given price point at the six regional options exchanges once the order is placed. STING accomplishes this through direct connections to each exchange rather than a series of linkages.

“We have been impressed with the quality of execution On Point delivers and the level of customer service it provides." said Peter Bottini, Executive Vice President of Trading and Customer Services at optionsXpress. "We are pleased to complement to our own smart order routing technology with this service.”

“optionsXpress’ use of On Point Executions is consistent with its ongoing commitment to offer their clients top level execution in the options market,” said Paul Carrozzo, co-principal at On Point Executions. “Relying only on the current options linkage system to receive price improvement or added liquidity causes latency and missed opportunities for investors. With quote traffic at an all-time high and only expected to increase, investors and trading desks are expecting and deserve better execution.”

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