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Schwab Launches thinkorswim® 'Guest Pass', Offering a 30-Day Test-Drive of Its Award-Winning Trading Platforms
SCHWCharles Schwab(SCHW) Businesswire·2024-01-25 13:30

Launch of thinkorswim Guest Pass - Schwab launched the thinkorswim Guest Pass program, offering a 30-day trial access to the thinkorswim trading platform suite without requiring a Schwab account [1] - The Guest Pass allows non-Schwab clients to explore and test drive the thinkorswim web, desktop, and mobile platforms in a simulated market environment called paperMoney® [1] - Users can utilize $100,000 of simulated buying power in taxable accounts, IRAs, or portfolio margin accounts to test strategies and experiment with asset classes like futures and forex [1] - Existing Schwab clients already have access to the thinkorswim paperMoney simulated trading environment [2] Enhancements to Schwab's Retail Platforms - Schwab introduced a new set of enhancements to the trading experiences on Schwab.com and Schwab Mobile, focusing on customization, ease of use, and streaming [3] - Customization features include the ability to choose columns on Options Chain pages, custom defaults for watchlists, and custom flow and sorting columns on Schwab Mobile [3] - Ease of use improvements include trade ticket enhancements, order status filtering, and added Buy/Sell buttons in the "First Glance" feature [4] - Research and streaming data enhancements include streaming quotes on various pages and the ability to customize limit price streaming [4][5] Integration of Schwab and TD Ameritrade - Schwab Trading Powered by Ameritrade™ was introduced towards the end of 2023, combining the strengths of both firms to create a new trading experience [2] - The company aims to deliver a differentiated trading experience by integrating the best features from Schwab and TD Ameritrade [5] Company Background - Charles Schwab has a history of challenging the status quo and innovating in ways that benefit investors, advisors, and employers [6] - The company is committed to championing clients' goals with passion and integrity [6]