E*TRADE Financial is acquiring OptionsHouse

I wanted to share the exciting news announced earlier today that E*TRADE Financial is acquiring OptionsHouse.

The transaction is expected to close in Q4, pending regulatory approval and other customary closing conditions. After the deal closes, we will integrate the two companies and look forward to introducing you to all of E*TRADE’s complementary tools and services in addition to retaining the top-rated OptionsHouse capabilities you already use.There will be no change to OptionsHouse pricing, trading platform or commitment to service. 

E*TRADE offers a deep breadth of capabilities and resources that will be available to OptionsHouse customers, including 24/7 customer service from registered reps, high quality execution, increased deposit insurance, comprehensive research and educational resources, and branch locations throughout the U.S..

You should continue to contact OptionsHouse customer service either online or over the phone at 877-598-3190 for any issues

This is an exciting time for OptionsHouse and our customers. E*TRADE is a fantastic company, and in the coming months we look forward to offering you an even better brokerage experience.

Michael Curcio, CEO

The above information is provided by OptionsHouse for informational and educational purposes only and is not intended as trading or investment advice or a recommendation that any particular security, transaction, or investment strategy is suitable for any specific person. You are solely responsible for your investment decisions. Commentary and opinions expressed are those of the author/speaker and not necessarily of OptionsHouse. Neither OptionsHouse nor any of its employees, officers, shareholders or affiliated companies guarantee the accuracy of or endorse the views or opinions of guest speakers or commentators. Projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature and are not guarantees of future results. Results may vary with each use and over time. Any examples used that discuss trading profits or losses may not take into account trading commissions or fees.