Close All Checkbox

The Close All Checkbox is located in three places:

• the Trading window
• the Execute SmartEx Order window accessed when you check Spec Cond & Brackets, and
• when selling from the Positions tab of your Account Details.

Stock symbols and price and volume data shown here and in the software are for illustrative purposes only. Charles Schwab & Co., Inc., its parent or affiliates, and/or its employees and/or directors may have positions in securities referenced herein, and may, as principal or agent, buy from or sell to clients.

When checked, Close All allows you to sell your entire position, including fractional shares, via the SmartEx, Schwab Pre Market, or Schwab After Hours venues (Direct Access venues do not offer fractional share trading). You may also manually enter fractional shares when closing a position via SmartEx, but the fractional portions of the quantity held must match the closing order fractional quantity. In other words, you cannot place a fractional share order that would leave a fractional position behind.

When Close All is checked:

• The Quantity field displays the full share amount available for sale, including fractional shares. This quantity takes into account any open orders that you may have and any shares held that are currently non-negotiable. This amount cannot be changed when Close All is checked.
• The Close All checkbox can be turned on and off. If turned off the quantity will revert to the default amount designated in the Trading window Settings > General window.
• This method is the only way to sell fractional shares on StreetSmart Pro.  Otherwise, you may place the order by calling a Schwab broker or place the order on Schwab.com.