October 22, 2008 04:17 PM Eastern Daylight Time

SAN FRANCISCO—( BUSINESS WIRE )—Charles Schwab today announced several enhancements to StreetSmart.com, the sophisticated trading platform available to active traders through Schwab.com. The upgrades may help traders better manage the type of volatility currently being experienced in the market. They include powerful bracket order technology, customizable trading alerts and advanced charting tools, all designed to help traders react to the daily and intra-day movement in the markets.

Given the increased swings in today s market, it is essential that traders have the ability to react quickly at anytime, from anywhere, said Richard Levine, Vice President of Schwab s Active Trading Services. By upgrading our streaming web-based platform, we re able to offer active traders even easier, more effective ways to help protect profits and manage risk.

Some of the specific upgrades to StreetSmart.com include:

Bracket orders for equity trades to automate profit target and risk management strategies. Traders can set predefined profit and loss targets via the web when submitting an equity order to help cut losses and lock in profits. This technology automatically helps traders manage risk and implement trading strategies when their conditions are met, even when they are not online. Customizable alerts to track market activity and flag trading opportunities in charting windows and watch-lists. Traders can create specific alerts to monitor different trading situations and price movements in the stock market. Alerts are displayed directly within charting tools and on stock watch lists to help traders actively manage risk and follow the stocks they are most interested in.

Redesigned chart analysis tools to improve ease of use and increase workflow efficiency. The updated charting window increases workspace for avid chartists or technicians while employing new features like volume and price alerts on charts managed from the drop down menu.

www.schwabat.com.

About Charles Schwab

www.sipc.org ), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through its Schwab Institutional division. The Charles Schwab Bank (member FDIC) provides banking and mortgage services and products. More information is available at www.schwab.com.

Schwab’s StreetSmart.com is available for Schwab Active Trading clients. Access to NASDAQ Level II quotes is provided for free to non-professional clients who have made 120 or more equity and options trades in the last 12 months, 30 or more equity and options trades in either the current or previous quarters or maintain $1 million or more in household balances at Schwab. Schwab Active Trading clients who do not meet these requirements can subscribe to NASDAQ Level II quotes for a quarterly fee. Professional clients may be required to meet additional criteria before obtaining a subscription to NASDAQ Level II quotes. The speed and performance of streaming data may vary depending on your modem speed and ISP connection. Access to electronic services may be limited or unavailable during periods of peak demand, market volatility, systems upgrades or maintenance, or for other reasons. (0008-7086)