E*Trade Group has introduced extended hours quotes and trading capabilities to its mobile offering accessible via Web-enabled phones, Palm OS PDAs and RIM wireless handhelds.
The new capability will extend wireless-accessible trading by allowing customers to enter trading orders from 8:00 am to 8:00 pm Eastern Time. As a result, investors will be able to act on current financial news and announcements released before and after the scheduled trading session. These trades will be executed via an ECN (electronic communciations network).
Pam Kramer, chief content development officer, E*Trade Group, comments: "E*Trade's continued expansion of wireless services keeps our customers in touch with the market almost anytime and anywhere by offering greater flexibility, convenience and access to the market when they need it most."
In addition to extended hours trading, the Mobile E*Trade platform offers wireless users the ability to view real-time quotes, research, market information and portfolios while they are "on-the-go," and can also use SmartAlerts to keep them apprised of important stock events and E*Trade account activity. Customers can also transfer funds between E*Trade Bank and E*Trade Securities brokerage accounts, check account balances, pay bills and find the nearest E*Trade Bank ATM.