OptionsHouse Lowers Fees for Online Trading | 2008-12-01

OptionsHouse, LLC ("OptionsHouse"), an online stock and options broker and subsidiary of proprietary options-trading firm PEAK6 Investments, L.P., has changed its commission structure, dramatically lowering rates for spread and equity trading.

The new rates, effective today, maintain the broker's flat-rate formula, which excludes escalating fees.1 Spread trades are now $14.95 per spread - for up to four legs - representing a savings of almost $25 for a four-legged spread under the previous commission structure. Option trades are still $9.95 per trade, with no per-contract fee, and stock trades are now $2.95.

CEO George Ruhana said, "We're in a time of economic unpredictability, and everyone is tightening their belts. OptionsHouse is well-capitalized and confident going forward, so wanted to offer a little fiscal-stimulus package of our own for our customers."

"OptionsHouse has made remarkable strides in the past few months, from adding streaming video to building the stock tab," added Ruhana. "Our new commissions are just another way we are making OptionsHouse an exciting place to trade."

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 $2.95 per stock trade, with no escalating fees, regardless of size.1

In Barron's 2008 survey of Online Brokers, OptionsHouse earned a four-star rating and its innovative platform was ranked number-one for "usability."2 A licensed FINRA broker-dealer, OptionsHouse, LLC was founded in 2005 and is a subsidiary of proprietary option-trading firm, PEAK6 Investments, L.P.

Options involve risk and are not suitable for all investors. In addition, electronic trading poses unique risk to investors. System response and access times may vary due to market conditions, system performance and other factors. OptionsHouse provides neither investment nor tax advice. Please read Characteristics and Risks of Standardized Options | Risk Statements and Disclosures, copies of which can also be obtained by contacting our Customer Service Department at customerservice@optionshouse.com.

1 No escalating per-contract fees for equity options. OptionsHouse reserves the right to pass-through any regulatory fees and any third-party fees related to index and ETF options. For stocks priced $2.00 or less, add $0.01 per share for the entire order. See www.optionshouse.com/rates for more details on trade commissions for mutual funds and other securities. Customers may trade up to 50,000 shares or 4,000 option contracts per trade; trades in excess of these parameters require multiple order tickets and will be billed as separate orders.

2 Barron's, March 17, 2008, 13th annual survey, "The Best Online Brokers." Overall ratings (on a five-star scale) based on Usability, Trade Experience, Trading Technology, Range of Offerings, Research Amenities, Portfolio Analysis & Reports, Customer Service, Costs. Usability rating based on overall site design, ease of use and navigation, ability to customize and constant ticket availability. Barron's is a trademark of Dow Jones, L.P.