Charles Schwab Expands Futures Offerings with Gold and Solana Contracts

The brokerage upgraded its platforms to add access to 17 new futures products, including 1-ounce gold, Solana, and Micro Solana contracts.

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Terms & Concepts
  • Futures: Financial contracts obligating the buyer to purchase, or the seller to sell, an asset at a predetermined future date and price.
  • Solana futures: Futures contracts based on the cryptocurrency Solana, allowing traders to speculate on its future price.
  • Micro futures: Smaller-sized futures contracts that allow traders to manage exposure with lower capital requirements.