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Charles Schwab account automated trades surged during Trump market frenzy
The surge was linked to a legal win for the Trumps that coincided with increased trading activity in Schwab accounts, according to WSJ Markets.
A Charles Schwab customer account reportedly entered an automated trading spree amid heightened retail interest in Trump-related stock trading, according to WSJ Markets.
WSJ Markets attributed the spike in activity to a legal win for the Trumps that appeared to coincide with the frenzy and boosted momentum for the account’s trading behavior.
The outlet said the account’s activity was amplified through automated trading features, which helped translate the broader wave of attention into frequent trades within the Schwab platform.