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MBAGearhead

Registered: Jan 2007
Posts: 285

07-10-12 10:07 PM

OptionsXpress bought OEC back in 2008 for $18 million.
Last year, Schwab bought OptionsXpress.
Now, OptionsXpress is selling OEC to Gain Capital for $12 million.
Is it worth 33% less now even though it's much bigger?
http://www.openecry.com/company/newsevents.cfm
http://forexmagnates.com/gain-capit...ice-12-million/

I'm all for capitalism but am worried this may not be good for customers like me since Schwab is huge with much deeper pockets. Does anyone have any reviews on Gain? I hope they are more than a Forex bucket shop...

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nkhoi
Moderator

Registered: Aug 1999
Posts: 8801

07-10-12 10:10 PM

now it's a good time to allocate your eggs in diff baskets.

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MBAGearhead

Registered: Jan 2007
Posts: 285

07-10-12 10:22 PM

Attached chart compiled from http://www.cftc.gov/marketreports/f...rfcms/index.htm

Overall, their growth has been very good.

oecfunds.jpg
This has been downloaded 154 time(s).

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Pippi436

Registered: Jun 2006
Posts: 841

07-12-12 05:31 AM

12 million? Sounds like a steal.

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Andromeda

Registered: Mar 2009
Posts: 105

07-13-12 07:52 AM

Horrible news

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