Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Charles Schwab Launches Exclusive Online Community for Active Traders.


SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  -- As part of an ongoing commitment to helping its clients become more successful investors, Charles Schwab Charles Schwab can refer to:
  • Charles M. Schwab, founder of Bethlehem Steel.
  • Charles R. Schwab, founder of the brokerage.
  • Charles Schwab Corporation, the brokerage.
 (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:SCHW SCHW Silver Chitin Handwraps (Everquest gaming) ) today officially launched an online community focused on its active trader clients.

The Schwab Trading Community is an online social network where Schwab clients can:

* Participate in timely discussions on both short and long-term investing topics

* Swap information, ideas and trading experiences

* Connect with other traders to make trading more fun by learning from each other

* Gain access to Schwab and third party trading experts both informally and via a series of blogs, tutorials and live webinars

"Schwab is pleased to bring the community-building and educational benefits of virtual communities to our active traders," said Richard Levine, vice president of Charles Schwab Active Trading Services. "Schwab's online community is a clients-only forum, specifically for people who want to learn from each other as well as from notable experts in the field. It's a place for serious investors who want to discuss strategies and tactics that can help them become better traders."

Using advanced technology, Schwab's online trading community An online trading community exists to provide its members with a structured method for trading, bartering, or selling goods or services. These communities often have forums and chatrooms designed to facilitate communication between the members.  is easy to use, giving traders quick access to blogs, topical discussions and live webinars. It is organized by topic so members can quickly find discussions that are of interest to them. To foster discussions amongst traders with similar trading styles and strategies, members are asked to create user profiles so that others can get a better sense of whom they are communicating with. Participants also have the ability to rate other members' feedback. Schwab encourages open discussion and monitors the community to optimize the client experience.

Additionally, Schwab's site offers some unique benefits to traders. Users can customize the community with a personalized homepage for quick access to the features and content they find most interesting. They can also take advantage of a robust program of content including webcasts by Schwab and third party industry-renowned experts discussing current market trends as well as, tutorials and live webinars on trading topics like "Top Risk Management Strategies for Volatile Markets" and "The Latest on Technical Analysis Tools." Finally, the online community gives traders who attend Schwab's over 2000 "offline" live regional events and in-branch seminars a place to continue conversations online with other traders and Schwab experts.

In a recent independent report, "The Social Technographics Profile of Investors," Forrester Research noted that investors who trade online are more likely to use social networks than the general population. In another recent report, "US Online Trading Online Trading

Making trades via the Internet.

Notes:
The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online.
 Forecast: 2006 to 2011," Forrester projects that by 2011, 12 million US households will be trading online -- a 48% increase over 2006.

Schwab's online community is open only to Schwab active trading clients (defined as those who make at least 36 trades per year), so members can interact with others who share a passion for trading. "We strongly believe the rich quality of the dialogue cannot be duplicated anywhere else," added Levine.

About Charles Schwab

The Charles Schwab Corporation (Nasdaq:SCHW) is a leading provider of financial services, with more than 300 offices and 7.3 million client brokerage accounts, 1.3 million corporate retirement plan participants Plan participants

Employees or other beneficiaries who are eligible to receive benefits from a company's employee benefit plan.
, 355,000 banking accounts, and $1.4 trillion in client assets. Through its operating subsidiaries, the company provides a full range of securities brokerage, banking, money management and financial advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. , http://www.sipc.org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 and investment advice; retirement plan and equity compensation plan services; referrals to independent fee-based investment Fee-Based Investment

An investment account in which the advisor's compensation is based on a set percentage of the client's assets instead of on commissions. Contrast this to commission-based investment, in which the advisor makes money based on the amount of trades made or the
 advisors; and custodial, operational and trading support for independent, fee-based investment advisors through its Schwab Institutional division. The Charles Schwab Bank (member FDIC FDIC

See: Federal Deposit Insurance Corporation


FDIC

See Federal Deposit Insurance Corporation (FDIC).
) provides banking and mortgage services and products. More information is available at www.schwab.com. (0708-6993)
COPYRIGHT 2008 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jul 30, 2008
Words:643
Previous Article:Conmed Healthcare Management Will Report Second Quarter 2008 Financial Results on August 14, 2008.
Next Article:Pack Up Back-to-School Backpacks With Cool Tools From SanDisk.
Topics:



Related Articles
Telescan Investor's Platform Product to be Offered in Charles Schwab & Co.'s New Electronic Trading Platform for Active Retail Traders.
Charles Schwab Nabs Top Spot in Barron's Brokerage Survey.
GSD&M Launches New CyberTrader Ad Campaign; Ads Speak to Active Traders Through Fainting Goats and Wildebeests.
AB Watley Launches the UltimateTrader(R) Global Marketing Campaign with PromoBusiness.com.
Charles Schwab Enhances Technology and Specialized Services for Active Traders.
Charles Schwab to Host Full-Day Trading Forum in Dallas, TX.
Schwab Study Finds Active Traders Are Optimistic About the Market Despite Recent Volatility.
Charles Schwab to Host Trading Forum in Orange County, California.
Charles Schwab Brings Popular Trading Forum to Tri-State Area.
Best Online Brokers

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles