The Blubber

Charles Schwab, $SCHW, expands 24-Hour trading to include S&P 500, Nasdaq-100s stocks, and hundreds of ETFs.

Charles Schwab (SCHW) announced Wednesday its plans to broaden its 24-hour trading services, making it the latest brokerage to embrace round-the-clock market access.

Initially, select Schwab clients will be able to trade all stocks in the S&P 500 and Nasdaq-100, along with hundreds of exchange-traded funds (ETFs), any time Monday through Friday. The firm aims to expand this service to all clients by 2025. Currently, Schwab clients have overnight access to trade about two dozen ETFs.

“Our goal has always been to offer and expand access to 24/5 trading responsibly, with a focus on client demand, evolving market dynamics, and providing the educational content and 24-hour support needed to help clients navigate the opportunities, risks, and unique aspects of overnight trading,” said James Kostulias, Schwab’s managing director and head of trading services.

Brokerages and exchanges have recently moved to extend trading hours to capture more opportunities from the U.S. stock market’s strong performance. Robinhood (HOOD) launched its 24 Hour Market last year and has gradually increased the number of stocks and ETFs available for overnight trading.

Last week, Intercontinental Exchange (ICE), the parent of the New York Stock Exchange, announced plans to extend trading on its digital platform to 22 hours a day. Executives highlighted the move as a testament to “the strength of our U.S. capital markets and the growing demand for listed securities globally.”