• Morningstar Fundamental Equity Reports
• Streamlined chart functionality
• Simplified menu navigation
Sydney, 03 October 2014: CMC Markets today announces an upgrade to its Next Generation apps across iPhone, iPad and Android™.
Matt Lewis, Head of CMC Markets Asia Pacific, says, “The shift towards mobile trading continues unabated with an ever-increasing number of our Australian clients using our iPhone, iPad and AndroidTM apps, to trade and track the progress of trade”.
“In this upgrade I believe we have delivered a premium mobile trading experience through a simplified menu navigation, streamlined chart functionality and an improved look and feel, which is more in line with our desktop trading platform,” says Lewis.
CMC Markets strives to provide even the most demanding frequent traders with all the tools they need to trade successfully and generate wealth.
Now, mobile traders with CMC Markets can access Fundamental Equity Reports by global research house Morningstar. These comprehensive daily reports provide traders with unique insights into the quantitative financial health, valuation, uncertainty and 'fair value' on the thousands of share products CMC Markets offer to deliver a more powerful and intuitive trading experience.
“The number of mobile traders will continue to increase throughout 2015, underpinned not only by recovering markets and investor confidence but also by the improvements in mobile technology”, says Lewis.
The findings of the new Investment Trends 2014 Australia CFD Report also showed CFD traders usage of mobile trading surged with 33% of frequent traders using a smartphone/tablet as their main means of CFD trading, more than doubling from 15% last year. The report found that 78% of frequent traders use a mobile platform in relation to CFD trading and the number of mainstream traders now mainly trading via a mobile app is up from 15% to 17%.
Craig Inglis, Co-Head of Product Development at CMC Markets, says, “Approximately 40% of our total global business is transacted via our mobile platforms and 20% of our clients trade exclusively through a mobile app. When planning our latest upgrade, we spoke directly to active traders to ensure we focused on the right areas and identified how the general usability experience could be optimised.” Lewis says the state of play in mobile trading is advancing fast, and on a global level, CMC Markets now has approximately one million trades per month placed via our mobile platform. “Broader social habits are now dictating how most companies interact with customers. The number of clients choosing to use smartphones or tablets over desktop computers is one of the fastest changes I’ve seen in the industry. This is why we’re so committed to developing and supporting the most intuitive and advanced mobile apps on offer to CFD and FX traders,” concluded Lewis.
CMC Markets will also be switching its provider of economic data releases to Thompson Reuters, providing traders with even speedier updates and an increased macro data catalogue.
About CMC Markets The CMC Markets Group, a leading independent financial services provider, offers a range of investment products and investment tools including shares, options, listed managed investments, warrants, interest rate securities and CFDs. In 2007 CMC Markets launched its broking service, CMC Markets Stockbroking, which is now one of the few remaining non-bank aligned, online stockbrokers in Australia. Please see our website for more information www.cmcmarkets.com.au
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