Public Company Information:
SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab continues to improve its trading platforms for its active traders with upgrades to its StreetSmart Pro trading software and web-based trading platform, StreetSmart.com. The firm’s clients will now have real-time performance reporting for closed positions, new short-selling tools and more advanced options order types.
“Active traders are asking for better, more effective ways to manage their trading activity during volatile market conditions,” said Richard Levine, vice president of Schwab’s Active Trading Services. “We expect these latest platform enhancements to help improve the effectiveness of our clients in all trading environments.”
The new enhancements include:
Schwab offers a library of online webinars, live webcasts and in-person workshops at http://www.schwabat.com/education/overview.aspx to help active traders learn more about the new features and enhancements to StreetSmart Pro and StreetSmart.com.
For more information about the active trading services at Charles Schwab, please visit http://www.schwabat.com. Schwab Active Trader clients wanting help integrating these new tools into their trading strategy should contact a Schwab representative.
About Charles Schwab
The Charles Schwab Corporation (Nasdaq:SCHW) is a leading provider of financial services, with more than 300 offices and 7.4 million client brokerage accounts, 1.4 million corporate retirement plan participants, 438,000 banking accounts, and $1.1 trillion in client assets. Through its operating subsidiaries, the company provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, http://www.sipc.org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors. The Charles Schwab Bank (member FDIC) provides banking and mortgage services and products. More information is available at www.schwab.com.
Schwab's StreetSmart Pro™ and StreetSmart.com™ are available for Schwab Active Trading clients. Access to NASDAQ Level II quotes is provided for free to non-professional clients who have made 120 or more equity and options trades in the last 12 months, 30 or more equity and options trades in either the current or previous quarters or maintain $1 million or more in household balances at Schwab. Schwab Active Trading clients who do not meet these requirements can subscribe to NASDAQ Level II quotes for a quarterly fee. Professional clients may be required to meet additional criteria before obtaining a subscription to NASDAQ Level II quotes.
The speed and performance of streaming data may vary depending on your modem speed and ISP connection. Access to electronic services may be limited or unavailable during periods of peak demand, market volatility, systems upgrades or maintenance, or for other reasons.
Short selling is an advanced trading strategy involving potentially unlimited risks, and must be done in a margin account. Margin trading increases your level of market risk. For more information please refer to your account agreement and the Margin Risk Disclosure Statement.
Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the Options Disclosure Document titled "Characteristics and Risks of Standardized Options" before considering any option transaction. Call your local Schwab office or write Charles Schwab & Co., Inc. 101 Montgomery Street, San Francisco, CA 94104 for a current copy.