Overview
- Charles Schwab will offer 24-hour trading for all stocks in the S&P 500 and Nasdaq-100, along with hundreds of ETFs.
- Select Schwab clients will gain access in two weeks, with a full rollout expected by the first quarter of 2025.
- The decision follows increased interest from retail investors, particularly those under 40, in extended trading hours.
- Schwab's platform for overnight trading will be powered by Blue Ocean Technologies, which supports other brokerages like Robinhood.
- The New York Stock Exchange also plans to extend its trading hours to 22 hours daily, reflecting a broader industry trend.