Charles Schwab Expands 24-Hour Trading to 1,100 Securities.

Charles Schwab has expanded its 24-hour trading to 1,100 securities, primarily ETFs, bringing the total to 1,100 stocks and funds that retail investors can access outside normal U.S. business hours. The move aims to attract global investors and provide flexibility to take advantage of potential opportunities and manage risk. The most-traded stocks since launching 24-hour trading are Tesla, Nvidia, and NIO.

Charles Schwab (SCHW) has significantly expanded its 24-hour trading capabilities, now offering access to 1,100 securities, primarily exchange-traded funds (ETFs), to retail investors outside of normal U.S. business hours. This move is part of the broker's ongoing strategy to attract global investors and provide greater flexibility for trading opportunities and risk management [1].

The expansion includes stocks from the S&P 500 and Nasdaq 100, as well as a wide range of ETFs. This follows a successful pilot in 2024 and a February announcement that extended trading hours to these securities [2]. James Kostulias, managing director and head of Trading Services at Charles Schwab, noted that the increased trading flexibility is crucial for investors to capitalize on market-moving news and events that occur outside regular market hours.

The most-traded securities since the launch of 24-hour trading have been Tesla (TSLA), Nvidia (NVDA), and NIO (NIO), highlighting the interest in these companies among global investors [1, 2]. Other highly traded symbols in the overnight session include Microsoft (MSFT), Apple (AAPL), Amazon (AMZN), and Advanced Micro Devices (AMD) [2].

The expanded 24-hour trading is part of a broader trend among retail brokers to offer extended trading hours, with competitors like Robinhood (HOOD) and Intercontinental Exchange (ICE) already providing such services [1]. Charles Schwab's move aims to stay competitive and cater to the evolving needs of investors who demand greater flexibility and access to markets.

References:
[1] https://www.investopedia.com/schwab-expands-24-hour-trading-to-1100-securities-11775766
[2] https://seekingalpha.com/news/4469224-charles-schwab-expands-securities-list-for-overnight-trading