E-Trade Allows Stock Trading On The Blackberry
With the launch of E-Trade Mobile Pro, E-Trade becomes the first major U.S. brokerage house, to provide a mobile application with cash transfers, real-time quotes and trading on their Blackberry’s
Online trading through the free application, called E-Trade Mobile Pro, will be much easier than using the Web site through a phone, said E-Trade spokeswoman Pam Erickson. It will allow users to trade stocks and options, set up portfolio watch lists and get news.
The software will be available as a free download on E-Trade’s Web site starting Thursday. It will officially be in “beta,” or trial mode, until the end of the month, but Erickson said the beta would be fully functional.
The application will be password-protected. After 5 minutes of inactivity, the password will have to be re-entered. If someone still manages to pick up a mislaid BlackBerry and execute trades on it, E-Trade will cover the losses under its fraud guarantee. [Via]
Now if only regulations allowed this in India as well.
Filed under: Ideas & Innovations, Mobile, News