Charles Schwab takes sharper aim at Robinhood as it pursues younger clients

Chuck Schwab said his company will soon introduce fractional-stock trading and other services designed to appeal to younger clients. The founder and chairman of Charles Schwab (NYSE: SCHW) told The Wall Street Journal on Thursday that introducing the new services is the next step after dropping commissions to zero on online stock trades Oct. 7, the day his memoir was released. The move to zero commissions was soon followed by E-Trade (NASDAQ: ETFC), TD Ameritrade (NASDAQ: AMTD) and Fidelity Investments. Schwab… Continue reading at 'Silicon Valley Business Journal'

[ Silicon Valley Business Journal | 2019-10-18 18:05:16 UTC ]

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