Charles Schwab in 2002

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Title: Charles Schwab in 2002

Essay Details:

Subject: Miscellaneous

Author: Joseph Y

Date: June 26, 2014

Level: University

Grade:

Length: 2 / 430

Essay text:

Company was immediately looking for improvement and implemented system for automate trade clearance and settlement. In the mid 80s company introduced PC software for on line trading using dial up connection and later automated voice-response telephone service. When internet emerged in 90s Schwab started to work on Interned brokerage platform. In 2000 Schwab acquired CyberTrader a direct access broker with their unique software described as easy to use advanced technology platform with access to many markets. That software became the engine for new Schwab's trading platform StreetSmart Pro. At 2001 Schwab was operating over 13 millions online accounts and ranked as number one discount broker...

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