Schwab Goes Global: New Platform Gives Investors Direct Access to 12 Non-U.S. Markets.
Clients Trade Commission-Free in the New Global Account Through March
, city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden
today announced the expansion of its
global investing capabilities with the launch of the Schwab Global
Account(TM), a platform providing investors direct, 24/7 online access
to 12 foreign equity markets with the ability to trade in their local
currencies whenever the markets are open.
The new platform, available at www.schwab.com/global, comes at a
time of renewed demand for global investments: a new Schwab survey finds
that 73 percent of investors are interested in global investing and 41
percent will consider investing in equities on foreign exchanges in the
next year. It also comes with a bonus for global-minded investors, who
can trade commission-free in the new account through March 2013
(currency conversion and other fees will still apply).
“A growing number of investors are looking beyond U.S. borders
to diversify their investment portfolios and we want to help take them
there with an easy-to-use online global trading platform that
complements Schwab’s extensive global investing services,”
said Brian McDonald, Senior Vice President responsible for Schwab’s
global investing offering. “We believe the Schwab Global Account
can be a passport for investors to access some of the most popular
global markets in an easy and transparent way.”
The Schwab Global Account allows investors to trade equities
directly online through Schwab in 12 of the world’s most liquid
foreign markets, currently offering access to Australia, Belgium,
Canada, Finland, France, Germany, Hong Kong, Italy, Japan, Netherlands,
Norway and the United Kingdom.
Providing online accessibility whenever foreign markets are open,
Schwab clients can trade global stocks that are not always available via
American Depositary Receipts (ADRs) or in the U.S. over-the-counter
See over-the-counter market (OTC).
) market. Investors also have the ability to buy, sell and hold
equities in local currencies, allowing them to hedge their exposure to
the U.S. dollar and to measure how a specific foreign stock is
performing without having to take the impact of a fluctuating exchange
rate into account.
Additional key features of the Schwab Global Account include:
* Round-the-clock access to a highly skilled Global Investing
* Real-time1 local stock market quotes.
* Access to award-winning global research, including Schwab Equity
Ratings International, a proprietary international stock ranking
methodology covering approximately 4,000 large and small cap stocks in
28 foreign equity markets. An extensive range of third-party research is
also available, including country profiles from The
and international research from Credit Suisse.
* No minimum dollar amount trade requirements.
* Easy, user-friendly account format, navigation and multi-currency
According to the new Schwab study, 35 percent of investors surveyed
believe investments outside the U.S. offer better growth opportunities
than investments in the U.S., with Canada, Germany and Australia topping
the list of the most attractive markets. Further, given a $100,000
windfall, 83 percent of investors say they would allocate a portion to
Sixty-seven percent of investors in the study cite diversification
as the primary reason for global interest. Other key reasons for
investing in equities on international exchanges included access to
securities that are not available via a U.S. stock exchange (48
percent), hedging against the U.S. dollar (47 percent), and attaining
higher potential returns (44 percent).
Fifty-five percent of investors have personal motives for crossing
the U.S. border. These investors say they view themselves as global
citizens thus want to be invested globally; they are also interested in
investing in countries where they have vacationed. Another key driver is
the desire to apply specific knowledge about foreign markets that they
have gained through business dealings.
Appetite for Knowledge and Access
Today’s investors recognize global investing comes with a
unique set of challenges – but appear to have the appetite to overcome
them. More than 40 percent say they do not have access to relevant
company-specific research on foreign stocks. Investors also say they
don’t know enough about trading in foreign currencies and
don’t have access to an appropriate trading platform. Yet these
investors also indicate that:
* They would like to learn more about foreign stock markets (62
* More than half (52 percent) say an easy-to-use trading platform
would make them more interested in foreign investing.
* Forty-seven percent would trade foreign equities on foreign
exchanges if they knew more about how to do it.
“While most of those we surveyed clearly recognize the
potential benefits to investing internationally, four in ten
acknowledged they had little to no idea about how to trade a stock on a
foreign exchange or find objective research on a foreign
investment,” added Schwab’s McDonald. “A smart,
thoughtfully crafted global strategy can be a very important component
of a long term investing plan, and we are excited to be able to help
tr.v. de·mys·ti·fied, de·mys·ti·fy·ing, de·mys·ti·fies
To make less mysterious; clarify:
foreign investing by providing the research, education and
trading tools that our clients need to be successful when going
The Schwab Global Account is the latest enhancement to Schwab’s
robust global investing capabilities. Schwab’s OTC global offering
provides clients with access to securities that trade in over 30
countries, and Schwab’s Global Investing Specialists can place
trades over-the-phone in more than 40 international markets. Clients
have access, through Schwab, to extensive resources and expertise in
investing in international stocks, including institutional-level
research that’s focused on international investing, as well as
specialized guidance and trading services.
For More Information
For more information about the Schwab Global Account, please visit
www.schwab.com/global or call 1-800-992-4685. To learn more about
Schwab’s global investing capabilities, visit
About the Study
Koski Research conducted an online survey of 214 investors who trade
at least 24 times per year and identified themselves as at least
somewhat experienced as an investor with self-directed or
light-validator investment styles. Respondents had investable assets of
at least $250,000 and were between 25-75 years of age. The survey was
conducted from June 14 through June 20 2012.
About Koski Research
Koski Research is a marketing research firm that helps leading
financial services firms use market research to improve decision-making
and stimulate communication efforts. Koski Research has conducted
thousands of surveys and interviews among executives, individual and
institutional investors, and intermediaries that have enabled financial
services firms to have a deeper understanding of their clients and
better meet their needs.
About Charles Schwab
The Charles Schwab Corporation (
) is a leading provider of
financial services, with more than 300 offices and 8.7 million active
brokerage accounts, 1.5 million corporate retirement plan participants,
829,000 banking accounts, and $1.82 trillion in client assets as of July
31, 2012. The company was ranked ‘Highest in Investor Satisfaction
with Self-Directed Services’ in the 2012 US Self-Directed Investor
Satisfaction Study(SM) from J.D Power and Associates. Through its
operating subsidiaries, the company provides a full range of securities
brokerage, banking, money management and financial
individual investors and independent investment advisors. Its
broker-dealer subsidiary, Charles Schwab & Co., Inc. (member
www.sipc.org), and affiliates offer a complete range of investment
services and products including an extensive selection of mutual funds;
and investment advice; retirement plan and equity
compensation plan services; referrals to independent
advisors; and custodial, operational and trading support for
independent, fee-based investment advisors through its Advisor Services
division. Its banking subsidiary, Charles Schwab Bank (member
See Federal Deposit Insurance Corporation (FDIC).
Equal Housing Lender
), provides trust and custody services, banking
and mortgage services and products. Investment products offered by
Charles Schwab & Co., Inc. are not insured by the FDIC, are not
deposits or obligations of Charles Schwab Bank, and are subject to
investment risk, including the possible loss of principal invested. More
information is available at www.schwab.com and www.aboutschwab.com.
Follow us on Twitter: @charlesschwab Read our blog: Schwab Talk
International investments involve additional risks, which include
differences in financial accounting standards, currency fluctuations,
n. (used with a sing. verb)
1. The study of the relationship among politics and geography, demography, and economics, especially with respect to the foreign policy of a nation.
risk, foreign taxes and regulations, and the potential for
The Schwab Global Account foreign currency capabilities allow
clients to convert into multiple foreign currencies to purchase stocks
in foreign markets.
The Schwab Global Account is restricted to certain account types.
Only U.S. citizens residing in the United States are eligible.
The Schwab Equity Ratings – International are not personal
recommendations for any particular investor or client and do not take
into account your individual circumstances, financial situation,
investment or other objectives or needs.
The Economist Intelligence Unit and Credit Suisse are independent
third parties that are not affiliated with Charles Schwab & Co.,
1 Quotes may be delayed for professionals.