Nokia and Financial Technologies India on Monday announced a tie-up to make available 'i-Win', India's first integrated realtime wireless Internet information and trading platform for retail investors.
Available on Nokia phones running on Series 60 and 80 software platforms, the multi-exchange, multi-segment application developed by Financial Technologies allows investors to view quotes and transact realtime from their broking accounts securely while on the move.
It will enable retail investors to stay connected with the stock and commodity markets on a real time basis over GPRS. The wireless Internet trading application, iWin(tm) will be commercially available from November 2005 through select stock and commodity brokerage houses across the country.
"We expect this application to greatly enhance the experience of the current base of more than a million online investors and bring the advantages of mobile trading to a significant proportion of the 65 million mobile subscribers in the country today," Nokia India managing director Sanjeev Sharma said.
It will be available on the Nokia 9300 Smartphone and Nokia 6630.
The application is designed to equip the retail investor with critical decision-making information and tools to transact on the move. Using the GPRS connection, iWin enables users to see market rates, enter or modify or cancel orders through a secured encrypted channel using SSL to maintain the confidentiality of the transaction.