Overview
- Schwab turned on round‑the‑clock cryptocurrency futures in early June 2026, making trading available on its thinkorswim platforms.
- The new futures cover bitcoin, ether, solana and ripple and are routed through Charles Schwab Futures and Forex, the firm’s registered futures commission merchant.
- Bitcoin futures include both standard and micro contracts with a $5 multiplier highlighted as the flagship offering.
- Schwab also expanded fractional and notional trading for most U.S. stocks and ETFs with a $1 minimum as part of the platform update.
- The product push follows recent industry moves toward always‑on crypto derivatives and comes with operational demands for clearing, margin and surveillance while Schwab targets mid‑2027 to offer spot custody and in‑kind transfers to registered investment advisors.