Bettinger Walter W sold $20.0M of SCHW (indirect holdings)

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Morgan Stanley, Goldman Sachs, Bank of America, JPMorgan Chase, NYSE, Charles Schwab, Nasdaq, and Citi are expanding their operations in Texas. Morgan Stanley plans a $587M building in Dallas by 2031, while Goldman Sachs is investing $500M in a new Dallas campus. Bank of America is moving to a new Dallas tower, and JPMorgan Chase has doubled its Plano campus workforce. NYSE is relocating its Chicago outpost to Dallas. Charles Schwab, Nasdaq, and Citi also have significant Texas operations. Wise

Charles Schwab Futures & Forex launched single stock futures on more than 50 U.S. equities on Aug. 12, 2026, trading on the CME. Contracts let approved Schwab clients go long or short without owning shares, with standard contracts for 100 shares and micro contracts for 10. Schwab cites 15% initial margin versus 50% stock margin under Reg T, plus $2.25 per contract commission per side. The product previously existed and was discontinued by Sept. 2020.

Charles Schwab (SCHW) launched single stock futures on more than 50 individual US equities, expanding its derivatives offering. The contracts let traders lock in prices for future delivery of specific stocks and may offer an alternative to options, with different margin and tax treatment. The move targets retail and institutional demand for hedging and trading tools.

Charles Schwab says it will add spot Bitcoin (BTC) and Ether (ETH) trading to its retail brokerage platform, with a phased rollout to qualified U.S. customers starting May 2026. The company cites about 39.8 million active accounts and $13.1 trillion in assets. Paxos will execute trades held via Schwab’s banking entities, using a “Schwab Crypto” account. Schwab plans a 0.75% flat transaction fee.

Charles Schwab began rolling out spot trading in bitcoin and ether to retail clients on May 13, charging 75 basis points per trade. Paxos provides sub-custody and execution, and Schwab said the rollout was on track by its July earnings call. Schwab reported $7.1B revenue (+21%) and 39.8M brokerage accounts, while crypto broker fees compress across firms.