Chicago-based OptionsXpress is planning to launch a new FX retail offering, The Wall Street Journal reports. The new currency-trading offering will provide the derivatives-focused online brokerage an entry point to the $313 billion per day retail FX market.
The company is launching the function in-house and intends to merge currencies into its existing platform for trading options and futures, to make all the markets available through a single interface. OptionsXpress may appoint a few new staff to support the offering.
Click here for the story from The Wall Street Journal.