Charles Schwab, which oversees roughly $12.6 trillion in client assets, has introduced 24/7 trading for select crypto futures on its thinkorswim platforms, enabling near-continuous access to major digital asset contracts including Bitcoin, Ether, Solana, and Ripple. This marks a key expansion of Schwab’s derivatives offering into always-on crypto markets.
Alongside the crypto update, Schwab rolled out a series of enhancements across its trading platforms. Improvements include expected price range data for marginable securities on Schwab.com, expanded dividend reinvestment functionality on Schwab Mobile, and new tools across thinkorswim that improve options visibility, order transparency, and fixed-income position views.
Schwab also broadened fractional investing, extending it to most US stocks and ETFs with a $1 minimum. The update allows clients to invest by dollar value rather than share count, streamlining access and increasing flexibility for both new and experienced investors.
The asset manager expects to introduce crypto spot trading for financial advisors in 2027 via its custody platform, extending its digital asset capabilities beyond futures-based products, according to Citywire. The offering will allow advisors to directly trade spot crypto on behalf of clients as part of Schwab’s crypto strategy.
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