âActive traders are asking for better, more effective ways to manage their trading activity during volatile market conditions,â said Richard Levine, vice president of Schwabâs Active Trading Services. âWe expect these latest platform enhancements to help improve the effectiveness of our clients in all trading environments.â
The new enhancements include:
Realized Gain/Loss Tab
A Realized Gain/Loss Tab has been added to provide active traders with intraday performance reporting of daily trading activity for closed positions.
Shorting on Direct Access
Traders can now short securities using direct access venues. This upgrade allows for more venue choices when placing short trades and enhances trading during pre-market and after-hour sessions.
Hard to Borrow Indicator
This new feature notifies traders that a specific equity may be difficult to borrow for shorting purposes and will help add transparency to their trading experience.
Good âtil Cancel Advanced Options Orders
To save time when entering multi-leg options orders, âGood âtil Cancelâ orders have been added to support effective risk management when placing complex options trades. Unfilled Good âtil Cancel options orders will now remain open through new trading sessions.