iPhone Gets Streaming Real Time Stock Quotes and Trading

Sunday, January 18, 2009

iPhone users will no longer have to envy Blackberry users for mobile real time streaming stock quotes and trading. The iStockManager App brings real time stock streamer to the iPhone. However, iStockManager currently only supports users with Ameritrade accounts. Thus to active real time quotes, users must have an Ameritrade account.

It is an essential iPhone app for those who want to keep a constant tab on their portfolio. With the market making big movements up and down in the matter of minutes, the default Yahoo Stock App just doesn’t cut it. Apple investors and traders want to know what their stock is worth now, not the price 20 minutes ago!

The iStockManager is really a comprehensive mobile trading platform for the iPhone. Not only does it provide streaming quotes and trading on Apple’s popular touch screen cell phone, it displays level 2 quotes. If the investor is awarded Level II quote access by Ameritrade, Level II quotes allows traders to see the more details on buyer and seller information close to the current stock price. Real time charts is also available to help investors and traders gain more insight on their investments.

Finally, real stock trading on this iPhone app is extremely simple. On the top right of individual stock quotes and charts pages, there is a “Trade Me” button. When pressed, it brings the user to the trading interface with most the text boxes prefilled. This page can also be accessed through the “Trade” button on the bottom. There is even a streaming quote on the top in the trading interface for traders to keep a close tap on the stock price while entering orders. After entering the orders, just click on place order, enter your password, and the trade is ready to be active in the open market.

The iStockManager is a must have for investors. It should replace the native Stock App that came with the iPhone. Who needs delayed quotes when they can get real time quotes with a touch of the finger!

Update: Currently there is no stock alert push notifications for Ameritrade via iStock Manager. However eTrade offers stock alert push notifications via its Mobile Pro app. If you need push notifications immediately when your stock hits a certain price, you may want to check out eTrade’s app.