forward for mobile electronic commerce:
FASTER STOCK TRANSACTIONS BY TRADING VIA CELLULAR PHONE.
16 March 1999
A new software product from telecommunications company Aspiro means a leap forward for
mobile electronic commerce. The new software product, Wireless Trader, makes it possible
for Internet-based stock brokers to offer their customers trading of shares directly from a cellular
The first version of Wireless Trader was successfully tested on
Monday, a purchase of 50 Europolitan shares at Aktiedirekt, making
the world's first transaction of shares via cellular phone. At the
same time, Aktiedirekt and Europolitan announced that they will
launch a mobile stock trading service awaiting the availability of
WAP- telephones on the market.
"Leading participants such as Aktiedirekt and Europolitan
choosing to collaborate with Aspiro only adds to the credibility of
our products, competence in the area, and WAP's technological
possibilities", says Christer Månsson, Managing Director for
The software product Wireless
Trader integrates with the stock broker's existing trading system
and makes this accessible to the user from a cellular phone.
Wireless Trader will be launched towards Internet-based stock
brokers around Europe.
"We have had initial contact with several stock brokers in which
we found the interest to be great. The market for this software
product is considerable, just in Sweden alone exists at least a
dozen Internet-based stock brokers", says Christer Månsson.
Internet on cellular phones
Trader is one of the world's first commercially applicable software
product based on the new WAP-technology. WAP - Wireless Application
Protocol - makes it possible to transfer services and information
from Internet to the cellular phone and vice versa. This requires a
WAP-telephone, which is an ordinary GSM-telephone with a web
browser. Nokia's 7110, which was launched in February at the GSM
World Congress in Cannes is a WAP-telephone, is expected to be on
the market before summer.
Aspiro is a telecommunications company that develops and
markets mobile business and information services to companies in the
Nordic market. Aspiro has 15 employees and offices in Malmö,
Karlskrona and Oslo.
For more information contact: Christer
Månsson, President Aspiro. Telephone 0709-91 80 01.
E-mail: [email protected]