SOURCE: Scottrade

Scottrade

June 03, 2009 09:00 ET

Scottrade Launches New Mobile Trading Site, Allows Investors to Trade on the Go

Scottrade Mobile Offers Convenient Account Access, Research and Online Trading From Any Internet-Enabled Mobile Device

ST. LOUIS, MO--(Marketwire - June 3, 2009) - Scottrade, a leading branch-supported online investment firm, today announced the launch of Scottrade Mobile (m.scottrade.com), the firm's new, enhanced mobile trading site. Scottrade Mobile is different from many other mobile trading sites, because it offers the freedom to manage accounts and trade online from any Internet-enabled mobile device -- with no application to download. It also offers more of the in-depth, real-time research, news and information traders need to make educated, informed trading decisions.

"Scottrade has always focused on making quality trading tools accessible and affordable, and our approach with Scottrade Mobile aligns with that philosophy," said Kevin Dodson, director of online financial services. "Our new mobile trading site is designed to make it as easy and seamless as possible for Scottrade customers to transition between their desktops and mobile devices without sacrificing the research tools they need for the convenience they want."

The site is free for Scottrade customers and makes it easy for investors to view account information, including balances, order status and positions, as well as to react to real-time market changes by enabling them to trade stocks and exchange-traded funds (ETFs) with market, limit, stop, stop limit and trailing stop orders. Users can also trade options with market, limit, stop and stop limit orders via the mobile trading site.

Scottrade Mobile users also can access up-to-the- minute market and account information through the site's extensive research tools from industry leaders like Briefing.com, Comtex, Dow Jones, Lipper, Reuters, Standard & Poor's, and Thomson Financial. This includes:

--  Stock and ETF screeners
--  Market research and news, including markets overview, statistics, news
    and commentary, analyst views and a brief market calendar
--  Stock quotes and research, including news and commentary, charts,
    options, fundamentals, insider transactions, earnings and financials
--  ETF quotes and research, including news and commentary, charts,
    options, performance, portfolio, expenses and Lipper rankings
--  SmartText™, which summarizes complex charts and information into plain
    English that is easy to understand
    

"Scottrade has always focused on helping our customers make informed trading decisions," said Dodson. "Our new mobile trading site is just a part of our overall mobile strategy and another example of our consistent emphasis on education and our leadership in supporting individual investors who manage their own trading strategies. We're pleased to have achieved our goal of providing robust mobile trading tools that our customers can easily access, and now we're setting our sights on creating applications that will appeal to the users of specific phones."

To learn more about Scottrade Mobile, users can view the Scottrade Mobile Webcast on Scottrade.com under the Webcasts tab. Scottrade Mobile is available via any Internet-enabled mobile device by visiting m.scottrade.com.

About Scottrade

As a leading online investment firm, Scottrade offers a full line of investment products, online trading services and market research tools to help investors take control of their financial future. Scottrade provides customers the convenience of buying many stocks online at just $7 per trade and the support of the largest branch network among online investment firms, with more than 400 nationwide branch offices. Named Highest in Investor Satisfaction by J.D. Power and Associates, Scottrade is dedicated to exceptional customer service and unprecedented value. Scottrade is also one of FORTUNE magazine's "100 Best Companies to Work For" in America. For more information, visit www.scottrade.com.

Investors should consider the investment objectives, risks, charges, and expenses of an Exchange Traded Fund (ETF) carefully before investing. A prospectus contains this and other information about the ETF and can be obtained from the issuer. The prospectus should be read carefully before investing.

Options involve risk and are not suitable for all investors. Detailed information on our policies and the risks associated with options can be found in Scottrade's Options Application and Agreement, Brokerage Account Agreement, and Characteristics and Risks of Standardized Options (available at your local Scottrade branch office or from the Options Clearing Corporation at 1-888-OPTIONS or by visiting www.888options.com). All option accounts require prior approval by Scottrade. Market volatility, volume, and system availability may impact account access and trade execution.

Contact Information

  • Media Contact:
    Kelly Doria
    Scottrade
    314.965.1555 x1231
    Email Contact