“Demand for mobile trading is being fueled by the shift to remote working and faster telecom networks,” said Shawn Sloves, CEO of Fundamental Interactions. “Remote traders across the industry are relying more on tablets and mobile devices for trading. They need new options to complement their desktop applications. FI Mobile uses our industry-leading technology stack which offers the versatility to support both paths of traditional desktops and mobile applications for trading.”
Expanded trading hours are also placing greater reliance on mobile tools to access the markets in the evening and on weekends while on the go. Digital assets such as cryptocurrency trade non-stop, with large price moves, often happening over the weekend, whereas traditional securities trade mainly between 8:00 am and 8:00 pm ET weekdays but are inexorably moving to 24/7 trading.
- Software-as-a-Service (SaaS) requires no deployment of infrastructure, and it can be configured to operate during core trading sessions or 24/7
- Lower total cost of ownership mobile trading solution for firms migrating to the cloud and a trade anywhere model
- Brokers & clearing firms can rapidly deploy the solution to proprietary trading firms, brokers, hedge funds, and their retail clients
- Optional variable pricing model for a broker-sponsored access deployment