Schwab Launches New StreetSmart Central™ & StreetSmart Mobile™ Trading Platforms, Marks Completion of optionsXpress Integ...
October 09 2017 - 11:00AM
Business Wire
Charles Schwab today announced the launch of new web and mobile
trading platforms that embed the powerful and easy-to-use
derivatives trading experience of optionsXpress into Schwab’s
trader offering. In conjunction with the debut of this new
experience for traders at Schwab, all optionsXpress accounts have
migrated to Schwab.
“We are thrilled that our optionsXpress clients are now fully
integrated into the Schwab experience. Our strategy with this
integration has been focused on two things: making sure our
optionsXpress clients have a seamless transition to Schwab, and
building a world-class derivatives trading experience for our
clients to round out our trader offering – a unique combination of
robust trading platforms, competitive pricing and renowned
education and support,” said Barry Metzger, Senior Vice President
of Trading Services at Charles Schwab. “We are proud we’ve
delivered on these promises while making significant investments to
modernize Schwab’s underlying trading infrastructure to benefit
traders and investors across the firm.”
Starting today, optionsXpress clients can trade equities,
options, futures, and futures options through their new Schwab
accounts. In addition to the familiar trading experience, clients
will still see many of their favorite tools and be able to speak
with the same client service specialists they’ve worked with for
years. They will also gain access to the depth and breadth of
Schwab’s wealth management and investing offering. While
optionsXpress clients will be the first to enjoy the new trading
platforms, Schwab expects to begin the phased roll-out of the new
trading experience to all Schwab Trading Services clients in the
first quarter of 2018.
“The innovation that was a hallmark of optionsXpress continued
throughout the integration process with the introduction of unique
features like the Idea Hub idea generation tool and the popular
Walk Limit order type,” added Metzger. “The result is a powerful
new suite of trading platforms that captures the best of what the
combined companies have to offer.”
Highlights of the new StreetSmart Central and StreetSmart Mobile
platforms include:
- The ability to trade equities, options,
futures, and futures options
- Advanced options trading capabilities,
including contingent orders
- Access to Schwab’s robust education,
research and expert guidance
For more information, visit www.schwab.com/welcome.
About Charles Schwab
At Charles Schwab we believe in the power of investing to help
individuals create a better tomorrow. We have a history of
challenging the status quo in our industry, innovating in ways that
benefit investors and the advisors and employers who serve them,
and championing our clients’ goals with passion and integrity.
More information is available at www.aboutschwab.com.
Follow us on Twitter, Facebook, YouTube,
and LinkedIn.
Disclosures:
Brokerage Products: Not FDIC Insured • No Bank Guarantee •
May Lose Value
Investing involves risk, including possible loss of
principal.
Charles Schwab & Co., Inc. (“Schwab”) (Member SIPC) and
optionsXpress, Inc. are separate but affiliated companies and
subsidiaries of The Charles Schwab Corporation.
Options carry a high level of risk and are not suitable for all
investors. Certain requirements must be met to trade options
through Schwab. Please read the options disclosure document titled
“Characteristics and Risks of Standardized Options.”
Futures trading carries a high level of risk and is not suitable
for all investors. Certain requirements must be met to trade
futures. Please read the “Risk Disclosure Statement for Futures and
Options PDF” before considering any futures transactions.
(1017-7HSA)
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Charles SchwabErin Montgomery,
212-403-9271Erin.Montgomery@schwab.com
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