Fidelity to Unveil Revamped Desktop-Trading Platform

Fidelity Investments is unveiling a revamped desktop platform for active traders, featuring faster processing speeds and a refreshed look.

The firm’s Active Trader Pro platform, which will include a new engine powering behind-the-scenes processes, will be rolled out as a beta version to some existing customers Tuesday, according to a person with direct knowledge of the plan. A waitlist for additional sign-ups was also offered on Reddit.

Fidelity competes with brokerages including Charles Schwab Corp. — which recently completed an integration of TD Ameritrade Holding Corp.’s client accounts and assets — as well as Interactive Brokers Group Inc. and Robinhood Markets Inc.