ETrade Financial Corp. (Nasdaq: ETDC) has agreed to acquire online trading company Aperture New Holdings Inc. from General Atlantic Co. for $725 million. Aperture is the parent company of OptionsHouse.
OptionsHouse, based in Chicago, provides online and mobile trading services. The company has $3.6 billion in assets through 154,000 accounts. OptionsHouse generated about 27,000 daily average trades for the 12 months ended June 30 and posted about $104 million in revenue.