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Non-Tech : optionsXpress Holdings, Inc. (OXPS)

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To: JakeStraw who wrote (7)1/27/2007 12:00:32 PM
From: OracleofNY   of 15
 
What is the possibility of OXPS merging with Optionable.com?

Optionable, Inc. (OPBL) previously at $4.34 up 21% at $5.28 with 2,934,727 shares traded. (OPBL) was highlighted today in Knobias Clip Report. (OPBL) was also highlighted
this month by StockEgg.com and Wall Street Resources.

Optionable, Inc. announced today that it and three of its founding stockholders have executed a binding term sheet for an agreement with NYMEX Holdings, Inc. (NMX)
concerning certain cooperative technology initiatives, the acquisition of a 19 percent stake in Optionable by NYMEX from its three founding stockholders and the issuance
to NYMEX of a warrant which would permit it to increase its stake.

Optionable, Inc. is a leading provider of natural gas and other energy derivatives trading and brokerage services. Optionable has also developed an automated derivatives
trading platform.
OPEX® an electronic trade matching and brokerage system designed to improve liquidity and transparency in the energy derivatives market. The company provides its services to brokerage firms, financial institutions, energy traders
and hedge funds nationwide.

stockhouse.com
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