THE CHARLES SCHWAB CORPORATION


Associated tags: History, Professional Services, Finance, Asset Management, Banking, Charles Schwab Corporation, Financial adviser, Personal Finance, Schwab

Schwab Trading Activity Index™: Score Declines to Moderate-Low Levels in April Amid Market Volatility

Retrieved on: 
Monday, May 6, 2024

The Schwab Trading Activity Index™ (STAX) decreased to 48.87 in April, down from its score of 51.65 in March.

Key Points: 
  • The Schwab Trading Activity Index™ (STAX) decreased to 48.87 in April, down from its score of 51.65 in March.
  • “While Schwab clients were net buyers of equities, the investor enthusiasm that characterized the March results began to wane in April, pushing down the STAX score for the month.
  • The CBOE Volatility Index (VIX) spiked from 13.01 to 15.03, reflecting additional perceived downside risks to equities.
  • Popular names bought by Schwab clients during the period included:
    Names net sold by Schwab clients during the period included:

2024 Charles Schwab Challenge Champion’s Prize Revealed as a 1975 Schwab Stingray

Retrieved on: 
Wednesday, May 1, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240501314689/en/
    The winner of the 2024 Charles Schwab Challenge will drive off in a fully restored 1975 Schwab Stingray - along with Colonial’s Leonard Trophy and Scottish Royal Tartan Plaid jacket.
  • The 1975 Schwab Stingray features a:
    This 2024 Champion’s Prize continues the tradition that began five years ago in 2019 with the fully renovated and customized 1973 Schwab Challenger , then the 1946 Schwab Power Wagon in 2021, the 1979 Schwab Firebird in 2022, and most recently the 1973 Schwab Bronco which was won by 2023 Charles Schwab Challenge Champion, Emiliano Grillo.
  • Over Memorial Day Weekend, Schwab will once again honor our heroes at the 2024 Charles Schwab Challenge.
  • Charles Schwab & Co. signed on as title sponsor of the annual event at Colonial Country Club for the 2019 Charles Schwab Challenge.

Schwab Declares Common Stock Dividend and Declares Preferred Stock Dividends

Retrieved on: 
Wednesday, April 24, 2024

5.95% Non-Cumulative Perpetual Preferred Stock, Series D

Key Points: 
  • 5.95% Non-Cumulative Perpetual Preferred Stock, Series D
    5.00% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F
    5.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G
    4.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series H
    4.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I
    4.450% Non-Cumulative Perpetual Preferred Stock, Series J
    5.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series K

Thousands of Charles Schwab Employees Unite in Service to Communities Across the Country for Annual Schwab Volunteer Week

Retrieved on: 
Monday, April 22, 2024

Building on its decades-long commitment to community service, 8,000 Charles Schwab employees will roll up their sleeves to take part in Schwab Volunteer Week.

Key Points: 
  • Building on its decades-long commitment to community service, 8,000 Charles Schwab employees will roll up their sleeves to take part in Schwab Volunteer Week.
  • View the full release here: https://www.businesswire.com/news/home/20240422682809/en/
    8,000 Charles Schwab employees will roll up their sleeves to take part in Schwab Volunteer Week, serving 350 nonprofits nationwide.
  • In addition to more than 32,000 hours of employee service, Charles Schwab Foundation will donate up to $575,000 to nonprofits that participate in Schwab Volunteer Week.
  • Watch a Schwab employee share her volunteerism story and follow Schwab Volunteer Week on social media at #Schwab4Good.

Schwab Reports First Quarter Results

Retrieved on: 
Monday, April 15, 2024

U.S. News & World Report’s Best Investing Platforms award was given on April 8, 2024 and is for 2024-2025.

Key Points: 
  • U.S. News & World Report’s Best Investing Platforms award was given on April 8, 2024 and is for 2024-2025.
  • Schwab paid a licensing fee to U.S News & World Report for use of the award and logos.
  • TD Ameritrade, Inc. (Ameritrade) Member SIPC, a subsidiary of The Charles Schwab Corporation, received the highest score in the do-it-yourself segment of the J.D.
  • Supplemental funding includes repurchase agreements, Schwab Bank Retail Certificates of Deposit (CDs), and Federal Home Loan Bank balances.

Schwab Introduces Futures, Forex and Portfolio Margin on thinkorswim®

Retrieved on: 
Thursday, April 11, 2024

Charles Schwab, a leader in retail investing and trading, today announced the launch of futures and forex trading, as well as portfolio margin, on its thinkorswim platform suite, part of Schwab’s overall trading offer, Schwab Trading Powered by Ameritrade .

Key Points: 
  • Charles Schwab, a leader in retail investing and trading, today announced the launch of futures and forex trading, as well as portfolio margin, on its thinkorswim platform suite, part of Schwab’s overall trading offer, Schwab Trading Powered by Ameritrade .
  • In October 2023, Schwab introduced Schwab Trading Powered by Ameritrade, a reimagined trading experience made possible by the combination of two of the industry’s most innovative firms, Charles Schwab and Ameritrade.
  • Charles Schwab Futures and Forex LLC (NFA Member) and Charles Schwab & Co., Inc. (Member SIPC) are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation.
  • Futures, futures options, and forex trading services provided by Charles Schwab Futures and Forex LLC.

Charles Schwab Named Best Investing Platform Overall by U.S. News

Retrieved on: 
Monday, April 8, 2024

Charles Schwab has been recognized as the Best Investing Platform Overall by U.S. News & World Report in their 2024 U.S. News Money Awards – the second year in a row Schwab has received the best ranking overall from U.S. News.

Key Points: 
  • Charles Schwab has been recognized as the Best Investing Platform Overall by U.S. News & World Report in their 2024 U.S. News Money Awards – the second year in a row Schwab has received the best ranking overall from U.S. News.
  • Schwab was also awarded Best Investing Platform for Stock Trading, Best Investing Platform for Options Trading, and Best Investing Platform for Forex Trading.
  • “We are honored to be named by U.S. News, a well-recognized and respected publication, as the best investing platform overall for the second year in row,” said Jonathan Craig , Managing Director, Head of Investor Services, at Charles Schwab.
  • U.S. News & World Report’s Best Investing Platforms award was given on April 8, 2024, and is for 2024-2025.

Schwab Trading Activity Index™: Score Ascends to Moderate Levels in March

Retrieved on: 
Monday, April 8, 2024

The Schwab Trading Activity Index™ (STAX) increased to 51.65 in March, up from its score of 47.65 in February.

Key Points: 
  • The Schwab Trading Activity Index™ (STAX) increased to 51.65 in March, up from its score of 47.65 in February.
  • View the full release here: https://www.businesswire.com/news/home/20240408112995/en/
    Schwab Trading Activity Index March 2024 (Graphic: Charles Schwab)
    The reading for the four-week period ending March 28, 2024 ranks “moderate” compared to historic averages and marks the highest reading since May 2022.
  • “In the face of undeniably mixed macroeconomic data, the markets soared this month, and the STAX score continued its rise in step,” said Joe Mazzola, Director of Trading and Education at Charles Schwab.
  • “Despite the market highs, however, Schwab clients remain in the moderate range of market exposure as measured by the STAX.

Ameritrade, Now Part of Charles Schwab, Ranks Highest in Its Segment in the J.D. Power 2024 U.S. Self-Directed Investor Satisfaction Study

Retrieved on: 
Thursday, April 4, 2024

Power U.S. Self-Directed Investor Satisfaction Study demonstrates our strength as a combined firm,” said Jonathan Craig, Managing Director, Head of Investor Services at Charles Schwab.

Key Points: 
  • Power U.S. Self-Directed Investor Satisfaction Study demonstrates our strength as a combined firm,” said Jonathan Craig, Managing Director, Head of Investor Services at Charles Schwab.
  • Power 2024 U.S. Self-Directed Investor Satisfaction Studies of investors’ satisfaction with self-directed investment firms.
  • Power 2024 U.S. Self-Directed Investor Satisfaction Study is independently conducted, and the participating firms do not pay to participate.
  • Power 2024 U.S. Self-Directed Investor Satisfaction Study is independently conducted, and the participating firms do not pay to participate.

Schwab Announces Its Spring Business Update

Retrieved on: 
Monday, April 1, 2024

The Charles Schwab Corporation announced today that it has scheduled a Spring Business Update for institutional investors on Monday, April 15th.

Key Points: 
  • The Charles Schwab Corporation announced today that it has scheduled a Spring Business Update for institutional investors on Monday, April 15th.
  • This Update, which will be held via live public webcast, is part of an ongoing series designed to help the investment community keep abreast of recent developments and management’s strategic focus.
  • The program is scheduled to run from 8:00 a.m. - 9:00 a.m. CT, 9:00 a.m. - 10:00 a.m.
  • Participants will include Walt Bettinger, Co-Chairman and Chief Executive Officer, Rick Wurster, President, and Peter Crawford, Chief Financial Officer.