Schwab to Roll Out Broader Overnight Trading Platform

Charles Schwab Corp plans to expand the availability of 24-hour trading to include all stocks in major U.S. indexes as well as hundreds of ETFs beginning in about two weeks, the brokerage said in a statement. According to a story in Reuters news, the move comes amid burgeoning interest in extended hours trading from retail investors that is driving some brokers and exchanges to expand their offerings. Schwab said it plans a slow rollout of the expanded trading capacity, starting with its most active traders, and won't begin the process until the week after the Nov. 5 U.S. presidential election. The rollout is expected to be completed midway through the first quarter of 2025, by which time Schwab said clients will have access to overnight trading in all stocks listed on the Dow Jones Industrial Average, the Standard & Poor's 500 Index  and the Nasdaq 100 Index and hundreds of ETFs.