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Monday, November 02, 2009
Schwab Readies First ETFs
By John Spence
MarketWatch Pulse
BOSTON -- Charles Schwab Corp. is preparing to launch its first exchange-traded funds, the online broker said Monday. The company said it will list its first four ETFs on Tuesday, followed by four more in December -- they will track U.S. and international stocks, and will list on the NYSE Arca exchange. The firm said Schwab clients will be able to buy and sell the ETFs online with no trading commissions.
Copyright © 2009 MarketWatch, Inc.
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