Products August 5, 2001
Schwab Licenses Stock Options Content
May 8, 2001 (PLANSPONSOR.com) - Charles Schwab &
Co. has licensed content from myStockOptions.com, a company
that provides information on stock compensation.
Reported by Camilla Klein
Schwab will incorporate myStockOptions.com content into the OptionCenter section on its Web site.
The deal contributes to a growing trend in the financial services industry, which sees companies capitalizing on the increasing popularity of stock options as a form of compensation, by tailoring their Web sites to attract individuals who own such packages.
This follows a similar arrangement between myStockOptions.com and JP Morgan Chase, which will include myStockOptions.com content on the upgraded version of its Morgan Online platform.
The company is also in discussions with Salomon Smith Barney, Merrill Lynch and E*Trade Securities.