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Schwab Enhances Trading Platform and Lowers Options Fees as Interest in Options Trading Surges.

Publication: PR Newswire
Publication Date: 26-MAY-05
Format: Online - approximately 906 words
Delivery: Immediate Online Access

Article Excerpt
Online Options Fees Now as Low as $9.95 Plus 75 Cents per Contract

Host of New StreetSmart Pro(R) Upgrades, Options Functionality Coming Soon

SAN FRANCISCO, May 26 /PRNewswire-FirstCall/ -- In the midst of a surge of interest in options by active traders, Charles Schwab & Co., Inc. today announced upgrades to its popular StreetSmart Pro trading platform and further reductions in its fees for qualified options traders.

"Our clients want tools and a powerful trading platform that can be easily customized to suit their trading styles," said Jeffrey M. Lyons, president, Active Trader at Schwab. "Our latest platform enhancements really set us apart from the competition by combining industry-leading trading technology, low commissions, dedicated options support and comprehensive educational services."

Lyons noted overall trading continues to be strong, with options playing...

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