Charles Schwab is a retail trading leader in the industry. The firm announced its latest enhancements recently. These improvements affect the Charles Schwab trading platform. They include updates to Schwab.com and Schwab Mobile. Moreover, updates were also made to the powerful thinkorswim® suite. Schwab facilitates the most trades of any publicly traded financial firm. This momentum comes from a surge in retail trading activity. Schwab clients completed over seven million daily average trades. This has occurred for three consecutive quarters. These enhancements seek to meet client needs. The goal is to improve the overall Trading Experience.
James Kostulias, Managing Director and Head of Trading Services at Charles Schwab, commented on the firm’s dedication to its users.
“Schwab is a leader in the retail trading space. We serve a diverse range of clients. This is due to the best-in-class trading experience we offer. We always listen to clients and seek their valuable feedback. We deliver what they need to pursue their financial goals. As the world of retail trading continues to evolve, we continuously add new features and resources. These updates make the Schwab experience even more irresistible. This is for those seeking to trade.”
New Features for Every Trader
Schwab introduced several new features across its platforms. Client demand drove many of these key updates. Both Schwab.com and Schwab Mobile now have an extended hours toggle. This new feature allows position valuations to use extended hours data. Furthermore, new Fundamentals and Research Ratings are available. Users get over 15 new data points for analysis. These include Revenue Growth and Return on Equity. Independent research ratings also come from several firms.
Meanwhile, Schwab.com now supports Saved Orders for multi-leg options. This feature was previously limited to stocks. Option Chains also received helpful enhancements. Users can now sort any column on the chains. They can also enter custom strike intervals easily. Additionally, the thinkorswim platform gained new functions. Users can now manage the display order of multiple accounts. They can also create and save custom column sets. This greatly improves the portfolio Trading Experience.
Schwab also expanded its support network. They added new in-branch roles for active traders. Regional Trading Consultants focus on education and expertise. Senior Engagement Managers offer advanced trading consultations. These investments ensure a comprehensive Trading Experience for all clients.
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News Source: Businesswire.com
