OptionsXpress Integrates Aspen Tools

OptionsXpress' typical retail customers trade via the broker's Web site, but more sophisticated investors trading their own accounts can use the API to connect to the broker from their own trading system, says Skip Shean, vice president of business development at OptionsXpress in Chicago.

The broker has provided futures trading for around 18 months, and in January purchased online futures and foreign exchange broker XpressTrade to boost its futures business, which the firm is now expanding to

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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