Continues Schwab’s Tradition of Making Market Information More Accessible, Helping Traders Make Better Decisions in Times of Market Volatility
Public Company Information:
SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab today announced improved options trading capabilities for active traders with several key upgrades to its trading platforms. The firm’s clients will now have enhanced charting and screening tools, reflecting Schwab’s tradition of making market information more actionable, helping traders make better decisions in times of market volatility. These new features include:
A recent Schwab survey of more than 600 active traders found that 44 percent of respondents trade options regularly. “We continue to see growth in options trading as active traders seek new tactics to help manage risk and generate income during high levels of volatility,” said Kelli Keough, vice president of Schwab’s Active Trading Services. “These new enhancements come at a critical time and will help our clients execute sophisticated trading strategies, even in complex market conditions. As such, they will make important market information more actionable to help investors meet their financial objectives.”
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 its trading platforms.
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. 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., is a member of SIPC (http://www.sipc.org). The Charles Schwab Bank (member FDIC) provides banking and mortgage services and products. More information is available at www.schwab.com.
Supporting documentation for any claims and statistical information is available upon request.
Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Multiple leg options strategies will involve multiple commissions. 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.
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.
Schwab does not recommend the use of technical analysis as a sole means of investment research. (0408-6904)