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Strategies & Market Trends : Fidelity Funds
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From: Sr K10/17/2019 5:51:58 PM
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10/17/2019

Schwab, in Bid for Younger Clients, to Allow Investors to Buy and Sell Fractions of Stocks

Move would be the first by major online brokerage to allow fractional share trading

4:35 PM

Charles Schwab will let investors buy and sell fractions of shares in coming months as part of an effort to attract younger clients.


Charles Schwab Corp. will let investors buy and sell fractions of shares in coming months as part of an effort to attract younger clients to its online brokerage platform.

Founder and Chairman Charles R. Schwab told The Wall Street Journal Thursday that fractional share trading would soon be introduced, along with several other new programs, as the online brokerage looks ahead after it eliminated trading commissions earlier this month. Mr. Schwab discussed the firm’s future after speaking about his new book, “Invested,” in ...
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