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A Look at Charles Schwab’s April Metrics

A Look at Charles Schwab’s April Metrics

On May 14, Charles Schwab (SCHW) released its April metrics. Brokerages (XLF) had a strong 1Q18, with increased volatility boosting their trading revenue. Whereas Charles Schwab, TD Ameritrade (AMTD), E*TRADE Financial (ETFC), and Interactive Brokers Group (IBKR) were boosted by higher volatility and interest rate expectations in 1Q18, they may see lower volatility in 2Q18.