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To: Jim Willie CB who wrote (33524)	6/28/1999 11:16:00 PM
From: marginmike	Respond to of 152472

I cant wait to trade my Q on my Q> Related Quotes IBM 122 9/16 -9/16 delayed 20 mins - disclaimer Monday June 28, 10:00 pm Eastern Time Singapore investors trade online via cell phone NEW YORK, June 28 (Reuters) - International Business Machines Corp. (NYSE:IBM - news) and MacroVision, the technology arm of the Stock Exchange of Singapore, said on Monday they created a mobile stock trading system by which investors can trade stocks online over cellular phones. Investors are now able to buy or sell stocks on the Stock Exchange of Singapore, receive updates via a ''short message service,'' view their account balances and check the status of orders on their mobile phones, the companies said. Fraser Securities, the oldest brokerage in Singapore and Singapore Telecom unit SingTel Mobile also partnered with IBM and MacroVision to create the system. ''This is the first service in the world that allows investors to trade shares online through mobile phones,'' said Ng Quek Peng, the managing director of Fraser Securities. ''With a direct link made available by the Stock Exchange of Singapore, orders will reach the exchange's real-time trading system without human intervention.'' The system, called mobile e-trading, is an extension of Fraser's existing online share trading system, introduced earlier this year. An IBM spokeswoman said taking electronic businesses to devices such as handheld computers, cell-phones and pagers was a top priority for the world's largest computer maker. ''We want to make all the neat things consumers do on the Web and make it possible for them to take it with them,'' said Nancy Kaplan. ''We are looking to make the access ubiquitous.'' She said other deals in the United States and elsewhere in the world were in the works to bring new functions to cellular phones and handheld devices. SingTel Mobile said it has 750,000 customers. The U.S. wireless data market is expected to grow from 3 million users this year to more than 36 million by 2003, according to Dataquest. ''These numbers will be difficult for businesses, like banks and brokerages in the U.S. to ignore,'' said Kaplan. To be competitive, they are going to have to start moving their Web data beyond PCs."