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Mobile Tool Lets Investors Keep Tabs on Portfolio

Published: Mon 18 Aug 2008 04:23 PM
Mobile Phone Tool Lets Investors Keep Tabs on Portfolio
Investors can monitor and trade CFDs on the go with CMC Markets’ Mobile Marketmaker®
New Zealanders wanting to trade the markets on the go, can do so from their mobile phones with Mobile Marketmaker® offered by the country’s leading Contract for Difference (CFD) provider, CMC Markets New Zealand.
Mobile Marketmaker® is the mobile phone version of CMC Markets’ award-winning Marketmaker® trading platform and gives traders access to over 3,000 Share CFDs, commodities and foreign exchange instruments from their mobile phones.
CMC Markets New Zealand general manager Sargon Elias said the technology gives clients the freedom to check live market prices, monitor their positions and place trades while on the move.
“The financial markets are very dynamic and our clients want to be on top of their trading positions at all times. Mobile Marketmaker® will enable traders to take advantage of even small movements in the market. At this age of instant information and communication, traders need not miss a market opportunity just because they don’t have the right tools at their fingertips.”
Mr Elias said demand from New Zealand traders for the service has already been very strong.
“We have a number of customers who are using Mobile Marketmaker®, and love the fact they can be in the Cook Islands or Australia on holiday and don’t have to worry about what is happening to their portfolio while they are away.”
The technology is derived from CMC Markets’ award-winning Marketmaker® trading platform, which provides clients with access to real-time prices, including over 3000 global Share, Index and Sector CFDs and all major currency pairs allowing clients to trade global markets from one account, 24-hours a day.
Marketmaker® was first launched in 1996 in the UK when CMC Markets transacted the first ever FX trade online. Today the trading platform is used by clients in more than 70 countries with over 98% of global trades with CMC Markets conducted online.
“We are constantly looking for new ways to create a trading advantage for our clients through technological innovation, and this is one such example,” said Elias.
Mobile Marketmaker® runs on the Vodafone network and most current model mobiles will support the software. To run Mobile Marketmaker® mobiles are require to have java and to be MIPD2.0 compliant.
See www.cmcmarkets.co.nz/en/content/trading_software/supported_phones.jsp for a list of supported phones and for an online demo go to www.cmcmobilemarketmaker.co.nz
The Mobile Marketmaker® service is free of charge for CMC Markets’ clients.
ENDS

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