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-capital-published-open-e-cry-purchase-price-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...
Attached chart compiled from http://www.cftc.gov/marketreports/financialdataforfcms/index.htm Overall, their growth has been very good.