TORONTO, Nov. 6, 2012 /CNW/ - Virtual Brokers ("VB"), a division of BBS
Securities Inc., ranked #1 in the latest THE GLOBE AND MAIL Canadian
online broker ranking for its costs and innovation has entered into a
business agreement with optionsXpress to transfer in all accounts from
optionsXpress' Canadian subsidiary effective Saturday December 1,
2012. The agreement is pending regulatory review and approval.
This deal marks optionsXpress closure of its Canadian Subsidiary.
"We would like to welcome our new clients and our goal is to provide the
best possible experience every day. I believe Virtual Brokers is the
ideal home for them and we can continue to build on optionsXpress
success with our current offerings and upcoming products", said Bardya
Ziaian, the President and CEO of Virtual Brokers.
About BBS Securities Inc. and Virtual Brokers:
BBS Securities Inc. ("BBS") is a member firm of the Investment Industry
Regulatory Organization of Canada (IIROC) and the Canadian Investor
Protection Fund (CIPF). Virtual Brokers ("VB") is a division of BBS
Securities Inc. VB is innovative, technology-driven and specializes in
providing outstanding trade execution services to sophisticated
traders, investors and money managers who demand excellence. In
addition to a flexible commission structure, "All-in-One" Account
(Equity/Option/Margin/Short), access to New Issues, strong Bond and
Lending Desks, VB offers Direct Market Access (DMA), advanced Free
Trading Platforms and free Registered Accounts.
SOURCE: Virtual Brokers
For further information:
Chief Operating Officer