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Charles Schwab launches new online trading environment

09 November 2005  |  1865 views  |  0 Source: Charles Schwab

Expanding its expert platforms to a broader market of active traders, Charles Schwab & Co., Inc. today unveiled StreetSmart.com, a powerful web trading environment built for speed and ease-of-use.

StreetSmart.com is integrated into the Schwab.com website and provides industry-leading functions and features previously available only on the StreetSmart Pro software application.

Designed specifically for Schwab Active Trader clients who trade 12+ times per quarter, StreetSmart.com offers simple, customizable web trading while harnessing Schwab's account management functions and trading tools from any internet connection.

"Active traders who prefer the web don't have to settle for a trading-only website anymore - now they can turn to a powerful, user-friendly trading environment from Schwab," said Jeffrey M. Lyons, president, Active Trader at Schwab. "During a time when many brokers seem more concerned with mergers than addressing the needs of their clients, we want to send a clear message: Schwab's top priority is improving our platforms, services and support for clients."

Based on technology from CyberTrader, Schwab's direct access brokerage subsidiary, StreetSmart.com allows clients access to real-time streaming news and data, interactive charting, Level II quotes, ECN books and in-depth proprietary research. StreetSmart.com also enables users to easily manage all of their accounts, trading activity and transfer funds from a singe location, providing the mobility, speed and convenience that active traders demand.

"We married everything we have learned about serving this market over the last 30 years - from CyberTrader's best in class trading technology to Schwab's low prices, support from trading specialists, and resources to increase trading knowledge - providing a complete web-based offering accessible on the internet. We believe Schwab is the clear choice for active traders," said Lyons.

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