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Swissquote expands trading products offering on mobile apps

Maria Nikolova

Underlining Swissquote’s commitment to enhancing mobile trading offering, the company adds new markets to the lineup.

Swiss financial services major Swissquote Group Holding SA (SWX:SQN) is making further strides with regards to enhancing its mobile applications. The company has announced that as of April 24, 2017, 13 new markets are available on its mobile applications.

The list of new markets includes: OTC Bond, Australian Securities Exchange (ASX), Chicago Board of Trade (CBOT), Commodity Exchange (COMEX), New York Mercantile Exchange (NYMEX), Nasdaq OTC, Hong Kong Stock Exchange, Mercado Continuo Espanol, Bangkok Foreign Equities, Mexico Stock Exchange, Prague Stock Exchange, Warsaw Stock Exchange, Irish Stock Exchange.

The move underscores Swissquote’s commitment to developing mobile technology. The company integrated its Mobile Banking and Trading Solution with Apple Watch early in 2015, to mention one example in this respect. Back then, Swissquote explained the sound business rationale behind putting this much effort in the development of mobile technology by saying that an increasing percentage of its transactions was executed via mobile apps. Furthermore, in January 2016, Swissquote became the first Swiss bank to launch an Apple TV application, offering continuous financial news coverage on television, displaying key indices, main currency pairs and economic news.

Swissquote has recently turned a new page with regards to trading technology by venturing into virtual reality (VR). The official rollout of Swissquote’s mobile VR application was announced on February 3, 2017. Since then, the company has updated the solution by adding new videos. The app enables Swissquote clients to execute most of the actions that they would normally carry out on the existing Swissquote app.

Going back to the “usual” Swissquote Mobile Banking and Trading app, let’s note that version 7.0 of the solution included enhancements to Themes Trading, such as the ability to purchase the able to purchase the entire basket of structured products. Another important update to the app came with version 6.2, as Swissquote Pulse, the company’s social network, became available to users of iOS mobile devices. The network is still in beta and has yet to develop but is attracting a growing number of users.

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