TORONTO, ONTARIO--(Marketwired - Oct. 4, 2013) - BMO InvestorLine has announced the launch of its free mobile investing app for its self-directed online investing clients. The new app is available for Apple, Blackberry and Android devices or any browser enabled phone.
The secure and easy-to-use mobile investing app allows self-directed BMO InvestorLine clients to access their holdings page, view real-time quotes and charts, and execute equity, option and mutual fund trades - anytime and anywhere. The app offers more access to their portfolios, while providing the opportunity for on-the-go decision making. Additionally, when the app is in landscape mode, clients can view even more features and information.
"We're consistently working towards giving our clients greater control over their investments," said Viki Lazaris, President and CEO, BMO InvestorLine. "With the launch of this mobile app, it's easier and more convenient for our clients to manage their finances - providing flexibility to suit their busy schedules."
According to a recent BMO study, 68 per cent of Canadians own a mobile device, with 70 per cent of those saying they use mobile banking apps. Of that 70 per cent, nearly three-quarters (72 per cent) say they use them on a weekly or daily basis.
"The adoption rate of mobile banking continues to increase, showing that there is a growing appetite for this type of technology," said Ms. Lazaris. "We are committed to continuing to evolve with the needs of Canadian investors. With our new mobile investing app, clients can now take advantage of market opportunities no matter where they are."
For more information on online investing, please visit www.bmoinvestorline.com.
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About BMO InvestorLine
BMO InvestorLine is an online investing service that provides clients with two ways to invest online. Clients can choose from BMO InvestorLine's top ranked Self-Directed service that provides tools to help investors make independent decisions on how to invest. BMO InvestorLine's other service, adviceDirect™ provides investors with online advice and investment recommendations for their portfolios. Clients have access to trading, quotes and account information 24 hours a day through a website, mobile or Automated Telephone Trading. BMO InvestorLine also provides users with third party research, along with leading edge tools that are informative and easy to use. As an all-in-one investment source, it is a constantly evolving, cost-efficient platform that is fully compatible with tablets.
BMO InvestorLine Inc. and BMO Ligne d'action Inc. provide this commentary to clients for informational purposes only. The information contained herein is based on sources that we believe to be reliable, but is not guaranteed by us, may be incomplete or may change without notice. The comments included in this document are general in nature, and professional advice regarding an individual's particular position should be obtained.
An adviceDirect account is a non-discretionary fee based account which offers investment recommendations. adviceDirect does not provide portfolio management by a portfolio manager. The client makes their own investment decisions and manages their own investment portfolio. adviceDirect does not offer discretionary, managed accounts.
BMO InvestorLine Inc. is a member of BMO Financial Group.
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About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $549 billion as at July 31, 2013, and more than 46,000 employees, BMO Financial Group provides a broad range of personal and commercial banking, wealth management and investment banking products and solutions.
The Pollara online survey was completed between August 15 and August 20, with a sample of 1,000 Canadians. A probability sample of this size would yield results accurate to ± 3.1 per cent, 19 times out of 20.