Brief: MG Financial debuts wireless FX trading
02 August 2001 | 3017 views | 0
New York-based forex firm MG Financial has introduced a service for customers to trade foreign currencies via their cell phones.
The system allows traders to use a mobile phone to connect to MG Financial's proprietary trading platform, Deal Station 2000. Clients can access the company's Web site, wap.mgforex.com and login, browse company information, review the latest news, check rates, place orders, and monitor account status.
The system utilises the WAP Security Protocol to scramble communications over the airwaves.