OptionsHouse Announces AutoTrading Partnership with Ascent Options Spread

CHICAGO - October 2, 2008 - OptionsHouse, LLC (“OptionsHouse”), an online retail and institutional brokerage firm, today announced Ascent Options Spread ("Ascent Options") as its latest autotrading partner.

Autotrading gives stock and option investors the ability to charge their brokerage firms with automatically executing buy and sell orders based on a newsletter's recommendations. Subscribers to the Ascent Options advisory service (the gold, platinum, or platinum plus levels) are able to keep current on all trade recommendations, even if they miss a notification.

"Ascent Options' founder, Donald Shapray, is one of the most experienced players in the options space," said George Ruhana, CEO of OptionsHouse. "We are pleased to include the company among our autotrading partners."

After customers subscribe to the Ascent Options service (and open and fund an OptionsHouse account), the autotrading function directs newsletter recommendations directly to professional traders at the OptionsHouse trading desk.

Press Contact

OptionsHouse, LLC
Beth Gaston Moon
312-676-8800
bmoon@peak6.com

Press Contact

Ascent Options Spread
Donald Shapray
904-329-673
ascentoption@bellsouth.net

About OptionsHouse:
OptionsHouse, LLC, is an online stock and option broker delivering a fast, streamlined trading experience on its professional-grade trading platform, accessible at OptionsHouse.com. OptionsHouse's flat-rate commission structure offers online trading of $9.95 per option trade and $4.95 per stock trade, with no escalating fees, regardless of size.*

In Barron's 2008 survey of Online Brokers, OptionsHouse earned a four-star rating and its innovative platform was ranked number-one for "usability."** A licensed FINRA broker-dealer, OptionsHouse, LLC was founded in 2005 and is a subsidiary of proprietary option-trading firm, PEAK6 Investments, L.P.

About PEAK6:
Established in 1997, PEAK6 Investments, L.P. ("PEAK6") is a leading financial institution in Chicago with an established track record of success in proprietary trading. PEAK6 is also rapidly expanding its commercial focus to include innovative initiatives in asset management and online media.

About Ascent Options Spread:
Ascent Options Spread was founded by Donald Shapray, investment strategist and former National Options Manager for Charles Schwab & Co. Donald developed the Ascent Options Spreads strategy, which allows investors to manage risk of their investments against unpredictable up-and-down movements of the stock market while simultaneously capturing the substantial capital of high-risk market speculators. Visit http://www.800option.com for more information.