Are compliance concerns delaying banks from offering iPhone trading to Institutional Clients?


While many banks talk of providing trading via the iPhone or other mobile devices to institutional clients, so far very few have done so.

In the non-professional (retail) market, most spread betting firms and retail brokers already offer quite sophisticated mobile trading solutions.

So, what’s stopping the banks from offering similar solutions to their top tier institutional clients?

Major banks have well defined e-commerce strategies for their single dealer platform (SDPs) across various client segments – combining pre-trade, trade and post trade offerings to meet specific segment requirements. Yet many seem unclear exactly what to deliver to those same segments using mobile devices.

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