Mobile Pundit

Living through the Indian mobile revolution

Trading on Mobiles

Posted on | October 24, 2005 |

Story on the launch of M-Trade application for trading on mobiles. On a related note, Airtel had sometime back launched a mobile stock tracker application.

The mobile trading platform also allows investors to get connected using their mobile handset and see the market rates, enter, modify, cancel orders, view their positions and transactions through a secure encrypted channel, he said.

“We are happy that JRG has become the first commodity broker in India to provide the integrated mobile trading facility through wireless internet on NCDEX and MCM to the investors of the country,” Mathew said.

I can understand the need for real-time alerts for people active in the stock and commodity markets. But if the person has to take action on those alerts like buy and sell, wouldn’t it be more convenient and reassuring for him to just call his broker and place the trade rather than do it over a slow GPRS network.

Comments

One Response to “Trading on Mobiles”

  1. Mathew Biju
    December 19th, 2005 @ 4:12 pm

    if you want to be an active trader all the time then you may not find time to be out there for parties and other events. But with mobile trading all these are possible. I have used GPRS service from Airtel with EDGE and let me say that i did not face any delay and it works perfectly. Hats off to Technolgy.

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