The launch took place following multiple pilots at the end of last year, with Charles Schwab clients now being able to trade an extensive list of securities, such as S&P 500 and Nasdaq-100 stocks, 24 hours a day, five days a week. James Kostulias, managing director and head of trading services at Charles Schwab, said that the firm «facilitates about twice the trades of any competitor that shares that figure publicly» on a daily basis. SEC greenlights first around-the-clock stock exchange He said the latest move to all-day trading was a «significant milestone not just for Schwab, b...
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