As the programme will facilitate new generation investors, Settrade is confident that the brokerage houses will draw new clients.
Sophawadee Lertmanuschai, executive vice president of the Stock Exchange of Thailand, said that the new service follows increasing popularity of real-time trading channels. For example, trading volume through the Internet in the past 8 months accounted for 20.51 per cent of total market volume, compared to 16.12 per cent in 2008. Meanwhile, the number of Internet accounts rose from 189,348 in 2008 to 224,842 as of August, 2009.
The programme is applicable to iPhone 3G, 3G S and iPod Touch 2nd generation.