Charles Schwab expands 24-hour trading access to all retail clients, allowing trades of S&P 500, Nasdaq-100 stocks, and hundreds of ETFs.
“In today’s world, market-moving news doesn’t wait for standard market hours,” said James Kostulias, Managing Director at Charles Schwab.
Charles
Schwab has expanded 24-hour trading access to its retail client base, joining a
broader industry movement toward round-the-clock market accessibility. The
financial services firm, which oversees $10.10 trillion in client assets,
announced yesterday (Wednesday) that retail traders can now trade S&P 500
and Nasdaq-100 stocks alongside hundreds of ETFs outside regular market
hours.
Schwab Rolls Out 24-Hour
Trading to $10 Trillion Client Base
Through
Schwab's thinkorswim platform, traders can now place continuous overnight
session orders (EXTO) that expire at 8 p.m. ET each market day. This development
follows the company's gradual expansion of a pilot program initiated in
November 2024.
James Kostulias, Managing Director and Head of Trading Services at Charles Schwab
“In today’s
world, market-moving news doesn’t wait for standard market hours,” said James
Kostulias, Managing Director and Head of Trading Services at Charles Schwab. “Retail
traders know what a difference it can make to have access to the markets when
volatility spikes.”
Analysis of
the pilot program revealed that overnight trading patterns largely reflected
traditional market behavior. Peak activity occurred between 8–9 p.m. ET and 3–4 a.m. ET, comparable to volume spikes typically observed during regular market
opens and closes. Technology stocks dominated trading activity during extended
hours, with companies like Tesla, NVIDIA, AMD, Palantir Technologies, and
MicroStrategy seeing significant volume.
“Each day,
Schwab facilitates about twice the trades of any competitor that shares that
figure publicly, and we know that expanding access to overnight trading to our
millions of clients is a significant milestone not just for Schwab but for our
industry,” Kostulias added.
In the
U.S., traditional stock exchanges like the New York Stock Exchange (NYSE) and
Nasdaq operate from 9:30 a.m. to 4:00 p.m. Eastern Time (ET). However, some brokers
and trading platforms offer 24-hour trading on popular indices like the S&P
500, Nasdaq-100, Dow Jones Industrial Average, and certain ETFs. This is made
possible through a combination of extended trading hours, futures markets, and
alternative trading systems (ATSs).
For example,
the CME Group runs nearly 24-hour futures trading, letting investors buy and
sell contracts tied to major indices outside regular stock market hours. Additionally,
electronic trading networks (ECNs) and alternative trading systems (ATSs), such
as Instinet and NYSE Arca, match buyers and sellers outside traditional
exchange hours. Some brokers even enable 24-hour ETF trading, letting investors
trade index-tracking funds overnight to react to global market changes.
However,
extended-hours trading carries distinct considerations for investors. These
sessions typically experience lower trading volumes than regular market hours,
which can lead to wider bid-ask spreads and potentially increased price
volatility. Market participants are advised to understand these characteristics
when engaging in after-hours trading.
Night Owl Trading Becomes
Popular
The move
comes as several major brokerages have recently enhanced their extended-hours
trading capabilities, reflecting increasing demand from retail investors for
flexible trading hours. While Schwab processes approximately six million daily
trades, other leading firms have also been developing similar offerings to
accommodate investors trading during non-traditional hours.
Recent data
indicates an increasing demand for trading beyond standard market hours. A March
report from Robinhood found that up to 25% of trading activity occurs outside
regular sessions. In response, Robinhood introduced a 24-hour trading service
last year, enabling investors to place limit orders from Sunday evening to
Friday evening. The NYSE is now considering expanding trading options to
include market orders.
This
expansion of trading hours across the industry marks a significant shift in
retail investor access to markets, reflecting both technological advances and
changing investor preferences in an increasingly global marketplace.
Charles
Schwab has expanded 24-hour trading access to its retail client base, joining a
broader industry movement toward round-the-clock market accessibility. The
financial services firm, which oversees $10.10 trillion in client assets,
announced yesterday (Wednesday) that retail traders can now trade S&P 500
and Nasdaq-100 stocks alongside hundreds of ETFs outside regular market
hours.
Schwab Rolls Out 24-Hour
Trading to $10 Trillion Client Base
Through
Schwab's thinkorswim platform, traders can now place continuous overnight
session orders (EXTO) that expire at 8 p.m. ET each market day. This development
follows the company's gradual expansion of a pilot program initiated in
November 2024.
James Kostulias, Managing Director and Head of Trading Services at Charles Schwab
“In today’s
world, market-moving news doesn’t wait for standard market hours,” said James
Kostulias, Managing Director and Head of Trading Services at Charles Schwab. “Retail
traders know what a difference it can make to have access to the markets when
volatility spikes.”
Analysis of
the pilot program revealed that overnight trading patterns largely reflected
traditional market behavior. Peak activity occurred between 8–9 p.m. ET and 3–4 a.m. ET, comparable to volume spikes typically observed during regular market
opens and closes. Technology stocks dominated trading activity during extended
hours, with companies like Tesla, NVIDIA, AMD, Palantir Technologies, and
MicroStrategy seeing significant volume.
“Each day,
Schwab facilitates about twice the trades of any competitor that shares that
figure publicly, and we know that expanding access to overnight trading to our
millions of clients is a significant milestone not just for Schwab but for our
industry,” Kostulias added.
In the
U.S., traditional stock exchanges like the New York Stock Exchange (NYSE) and
Nasdaq operate from 9:30 a.m. to 4:00 p.m. Eastern Time (ET). However, some brokers
and trading platforms offer 24-hour trading on popular indices like the S&P
500, Nasdaq-100, Dow Jones Industrial Average, and certain ETFs. This is made
possible through a combination of extended trading hours, futures markets, and
alternative trading systems (ATSs).
For example,
the CME Group runs nearly 24-hour futures trading, letting investors buy and
sell contracts tied to major indices outside regular stock market hours. Additionally,
electronic trading networks (ECNs) and alternative trading systems (ATSs), such
as Instinet and NYSE Arca, match buyers and sellers outside traditional
exchange hours. Some brokers even enable 24-hour ETF trading, letting investors
trade index-tracking funds overnight to react to global market changes.
However,
extended-hours trading carries distinct considerations for investors. These
sessions typically experience lower trading volumes than regular market hours,
which can lead to wider bid-ask spreads and potentially increased price
volatility. Market participants are advised to understand these characteristics
when engaging in after-hours trading.
Night Owl Trading Becomes
Popular
The move
comes as several major brokerages have recently enhanced their extended-hours
trading capabilities, reflecting increasing demand from retail investors for
flexible trading hours. While Schwab processes approximately six million daily
trades, other leading firms have also been developing similar offerings to
accommodate investors trading during non-traditional hours.
Recent data
indicates an increasing demand for trading beyond standard market hours. A March
report from Robinhood found that up to 25% of trading activity occurs outside
regular sessions. In response, Robinhood introduced a 24-hour trading service
last year, enabling investors to place limit orders from Sunday evening to
Friday evening. The NYSE is now considering expanding trading options to
include market orders.
This
expansion of trading hours across the industry marks a significant shift in
retail investor access to markets, reflecting both technological advances and
changing investor preferences in an increasingly global marketplace.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Capital Index UK Changes Name to Vantos Markets Following Tough Trading Year
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
