optionsXpress, the leading online retail brokerage platform for equity options market, released in IPO terms in an SEC filing on Friday. A total of 12 million shares are to be offered, including 7 million by existing shareholders, with a price range set at $14.50 to $16.50. Assuming the deal prices at the midpoint of its proposed range, optionsXpress would have an estimated market cap of $953 million. Goldman Sachs is the sole book runner on the deal. The company has filed to trade on the NASDAQ under the ticker OXPS.
