HSBC adopts TraderMade's mobile solutions

HSBC has selected analytics vendor Tradermade International to help deliver real-time charts and quotes via mobile devices for its global treasury staff.

Available on BlackBerry, mobile phone and PDA, TM-Cell offers a mobile window into the recent price action of a number of FX rates, precious metals, commodities, futures and stock indices. No software needs to be downloaded onto the device and a simple bookmarked page enables quick and easy access.

Communication costs are also kept to a minimum due to the efficient delivery mechanism of the chart images.

"It’s one thing to see real-time market prices on your mobile device, but it's a real bonus to be able to view a chart of the last few hours," said Alan Clarke, Global Head of E-commerce FX at HSBC. "With their high-quality data and innovative technology, TraderMade have enabled us to equip our staff with the information they require, 24/7."

Paddy Osborn, TraderMade's Global Head of Sales, added that the agreement "… demonstrates our policy to broaden and strengthen existing relationships with the world's top banks. Dealers see the same charts and data, whether on their desktop TraderMade service, their e-commerce platform, or their mobile device. We believe that consistency of data quality and service delivery across different technologies is key to meeting the demands of the market today."

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