Sydney, Australia - The Chi-X real time prices app is the first application in Australia to deliver royalty-free, real-time market prices on Australian equities and Chi-X investment products straight to subscriber's mobiles.
John Fildes, CEO, Chi-X Australia, said: "Chi-X wants to make it easier and cheaper for all investors to trade and manage their portfolios, bringing new markets and diversification opportunities to Australian investors of all sizes," John Fildes added.
Australia NZ Country Manager at Dion, Simon Smyth said the app had been built with the same technology approach and philosophy as Dion's TCPro product launched earlier this year. "Both these projects were based in the idea that retail investors should have the same power over their portfolios as institutional traders do," he said. "We refer to them as the 'high frequency mums and dads', those who take a lot of care in managing their own investments and want better tools to do so."
Among future slated launches is the TraCRs product, which will enable Australians to invest in the top US stocks through an Australian exchange.