Charles Schwab to offer investors fractional trades of S&P 500 companies including Amazon and Apple
Charles Schwab has released more details about its new fractional investing feature, which is reportedly debuting June 9.
Called Schwab Stock Slices, investors will be able to trade fractional shares of any S&P 500 company starting at $5 each.
Traditionally, to buy an individual stock you needed to at least cover the price of one share, which can range from a few dollars to a few thousand,…