Schwab Opens 24/5 Trading Access to All Retail Clients

Charles Schwab Corp. said it has broadened its overnight-trading program, giving all retail customers the ability to buy and sell more than 1,100 equities and exchange-traded funds around the clock from Monday through Friday. The expansion covers shares in the S&P 500 and Nasdaq-100 as well as hundreds of widely held ETFs and will be available through the broker’s thinkorswim platform. Orders placed outside regular market hours will function as continuous day orders, expiring at 8 p.m. New York time each trading day. Schwab framed the move as a response to rising client demand for flexibility and noted that it now offers 24-hour access across the five business days, matching or exceeding similar services rolled out by rivals.