Hello,

I am investigating the possibility of us being able to provide stock quotes via SMS.

The way I am seeing the service work is:
You text a number we provide with a request for a stock quote, You then get a reply back via text with the stock details (Buy/Sell/Mid/High/Low)

I can see other uses for the service, like being able to provide alerts direct to your mobile (so no need to set up email->SMS gateway, they would also be optimised for SMS rather than email)

End of day prices for a selection of stocks of your choice

End of day portfolio valuations.

As this is just in the research stage at the moment I need to get an idea of numbers of people that would use any of the above (to see if it is commercially viable), i am looking towards reverse billing (so you get billed via your mobile phone bill) and I would look at difference pricing schemes depending on the service...

So:
1) would you use the service?
2) How much would you pay to use the service?
3) Can you think of other services we could use with this technology?

Any feedback is greatly appreciately.

J.

replay to your question, no, investors who are serious about tradeing would not take this idear on board,,your only a click away or a telephone call away from your broker,thats what there use to ,and there happy with that system,but thats just my view,to me it sounds a bit wrong, but good luck all the same.

This service has been available for yonks elsewhere & have to say I have never used it once & probably never will. If I needed prices on the hoof I'd most likely subscribe to your mobile service, but for now the combo of 3 way limit orders and a complete lack of interest during market hours seems to be hitting the spot :-)

Good luck with it anyway.

my last two phones have had access to basic share prices in portfolios via wap or gprs. this costs around 4 a month for the gprs access and the portfolio on orange is free. this is all i need to follow basic prices. for more info i would get on the internet. if i had to use sms for this kind of thing i wouldn't want to pay much more than the price of a normal txt. maybe its just me being tight!

hope you work something out

i can get this on t mobile all ready part of there service for price of a txt prob only use it max 5 times a month

Hi,
I would not.
rgds aj

I think SMS alerts when a price crosses a thresshold are neat.

I used locust.net as an amail to SMS gateway so that I could have SMS alerts.
It has happened that I've been on the interent researching stocks at the time an SMS arrived, saying a share had crossed a threshold. Unlike a limit order, you have a chance to check there is no bad news causing the drop before buying!

How you could have an SMS alert service with simple low cost charging is another question.

GOOD IDEA!

Just so that I'm not going completely of course, I'll add another note about SMS. If you wanted simple charging, maybe you could charge for received SMSs, and accept SMSs of the form :-

QUOTE ATV
ALERT ATV BID >= 100

The first could give an immediate reply, and the second a delayed reply. The reply would be of course when ATV went up high enough to trigger the alert.
Payment would then be in the cost of the SMS sent to MoneyAM.

The bees knees version would allow you to edit the alerts ONLINE, so that untriggered alert could be modified. That way if a company went bust, a user could change the ticker symbol, or if the price started falling, and one wanted to top up instead, one could change it to, eg

ALERT ATV OFFER < 20

=====================================================================

Anyway what I really came here to say, is that an INVESTORS ROOM button at the bottom of the threads would be quite useful. I mentioned this once on a rival site, and it later appeared, although whether it appeared as a result of my comment, I rather doubt.

Here I have POST REPLY, and a couple of good INSERT LINK buttons, which are strangely missing when using EDIT, and if I remember right, insert at the bottom rather than at the cursor position, which means I don't always use them and so cannot remember exactly what they do.

Pictures inserted as an afterthought, are useually best at the top, as a sort of header, so I prefer "insert at the cursor position" (after all, what is a cursor for?).