SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Return to Sender
From: Julius Wong2/12/2025 8:09:14 AM
1 Recommendation   of 8255
 
Schwab offers 24-hour trading to all retail clients - report

Feb. 11, 2025 5:18 PM ET
By: Liz Kiesche, SA News Editor

Charles Schwab (NYSE: SCHW) is expanding overnight trading to all of its retail clients, according to a media report on Tuesday, as it seeks to profit from increased stock trading activity amid elevated prices.

The company's retail clients will be able to trade a wider selection of securities 24 hours a day, five days a week, Bloomberg reported, citing a company statement.

The announcement follows a pilot program, in which about 80K clients had access to 24-hour trading from November through January.

Schwab is moving into the extended hour trading space after Robinhood Markets ( HOOD) and Interactive Brokers Group ( IBKR) made the move last year.

During Schwab's pilot, the most active trading hours of the extended session were between 8PM and 9PM New York time and 3AM-4AM, Bloomberg reported.

Schwab (NYSE: SCHW) shares edged up 0.1% in after-hours trading.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext