Etrade Buys: Optionshouse

: CEO Paul Idzik noted the deal was intended to "intensify our derivatives firepower" after E*TRADE's market position in options had leveled off following the 2008 financial crisis.

The acquisition of by E*TRADE Financial Corporation in 2016 marked a pivotal shift in the retail brokerage landscape, signaling a renewed focus on high-volume derivatives trading. Deal Structure and Financials etrade buys optionshouse

: Nearly 63% of OptionsHouse trades were in options rather than standard equities, providing E*TRADE with a highly active, profitable user base. : CEO Paul Idzik noted the deal was

: OptionsHouse brought approximately 154,000 customer accounts with $3.6 billion in assets . : OptionsHouse brought approximately 154

: The deal was funded through a combination of existing cash and the issuance of up to $400 million in non-cumulative perpetual preferred stock .

: E*TRADE agreed to acquire Aperture New Holdings, Inc., the parent company of OptionsHouse, for $725 million in cash .