From WSJ>
Offer Wireless Trading
Dow Jones Newswires
TORONTO -- Charles Schwab Canada Co. said it and Bell Mobility will offer Ontario investors access to their trading accounts through Interactive Information Services offered on Bell Mobility Digital Personal Communications System, or PCS, handsets.
In a news release, Schwab Canada said it's working with other regional carriers to roll out similar services across Canada. Starting Thursday, its customers with a trading account will be able to receive real-time stock quotes, log on to their Schwab Canada account, and execute trades via a Qualcomm QCP2700 phone from Bell Mobility.
The company said Bell Mobility PCS subscribers who don't have a Schwab Canada account will be able to receive delayed stock quotes for securities they are tracking, as well as news headlines, directly from their PCS handsets through Schwab Canada Market Information.
It said full deployment of Interactive Information Services will coincide with the launch of Bell Mobility's PCS digital data network. Interactive Information Services will be available to all PCS subscribers with a Qualcomm QCP2700 handset. It said there is no charge for the services, and subscribers are charged for digital data airtime usage only. When a Schwab Canada customer executes a trade via PCS, regular online trading commissions apply, it noted.
Charles Schwab Canada is a unit of Charles Schwab Corp. (SCH), San Francisco, a discount brokerage firm.
Bell Mobility is a unit of BCE Mobile Communications Inc. (BCX), Montreal, which provides wireless telecommunicatins services. |