Financial Technologies India (FTIL), a leading front-end trading solution provider to brokers and institutional clients, has facilitated mobile trading on the bourses via its new applications--iWin and Net.net.

The facility is compatible with both Multi Commodity Exchange (MCX) and MCX Stock Exchange and brokers can start trading on both these exchanges after obtaining necessary approvals from the exchanges.

"We welcome the move by the regulators to allow mobile trading in equity and currency derivatives segments. We believe our new offerings would allow members to not only offer a value addition to their existing clients but allow them to tap a larger client base which can now have an easy access to markets," FTIL's Director (Business Development), Manjay Shah, said in a release here today.

Brokers using FTIL's mobile platform will be able to trade on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Both the applications are powered by architecture of ODIN Trading Solution and offer an easy and anywhere, anytime access to the market for users with no additional IT infrastructure cost involved.

While iWin, available on all handsets, offers trading capability to equity, currency derivatives and commodity segments, Net.net is a low band width trading portal that can be accessed easily even on slow Internet connections, mobile, and laptops with wireless data cards.

Top retail brokerage houses, led by SMC, Angel Broking, Enam, Sushil, Mangle Keshav, Ashika and Rajkot-based Marwadi Group, have already launched mobile trading using FTIL?s platform, it said, adding that brokers, who provide Internet-based trading as specified by SEBI, are eligible to provide securities trading using wireless technology.

While iWin, available on all handsets, offers trading capability to equity, currency derivatives and commodity segments, Net.net is a low band width trading portal that can be accessed easily even on slow Internet connections, mobile, and laptops with wireless data cards.

Top retail brokerage houses, led by SMC, Angel Broking, Enam, Sushil, Mangle Keshav, Ashika and Rajkot-based Marwadi Group, have already launched mobile trading using FTIL?s platform, it said, adding that brokers, who provide Internet-based trading as specified by SEBI, are eligible to provide securities trading using wireless technology.