This page may contain stale information. Last updated: 2026-06-03
Overview
Major US brokerage overseeing $12.61 trillion in client assets, operating the thinkorswim active trading platform.
Recent Developments
- 2026-06-12: Participating broker in spacex SPCX IPO retail allocation (up to 30% of offering) (2026-06-12-spacex-spcx-nasdaq-debut)
- 2026-06-02: Launched first 24/7 Schwab product — crypto futures (BTC, ETH, SOL, XRP) on thinkorswim with daily one-hour maintenance window
- Expanded $1-minimum fractional trading for most US stocks and ETFs
- Targets mid-2027 advisor custody spot crypto trading