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OptionsXpress pulls NSYE Arca listing


Published : Fri, 19 Jan 2007 23:59
By : Agencies
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CHICAGO (AFX) - OptionsXpress Holdings Inc. said Friday it plans to withdraw its listing from the NYSE Arca, but will retain its listing on the Nasdaq.

OptionsXpress said it chose to leave Arca, formerly the Pacific Exchange, to eliminate the pending fee increase and duplicative administrative requirements associated with the dual listing.

OptionsXpress provides securities brokerage products and services for investors.

Shares of OptionsXpress dropped 10 cents to finish at $22.32 on the Nasdaq.

Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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