Settrade.Com Chief Executive Officer, Dr. Wittaya Watcharawityakul, commenting on this cooperation, said that the development of the Stock Alert system is an alternative for members of Settrade and customers of DTAC and Dprompt who have investments in the stock market or may be interested in investing, to receive information about shares trading. The service will report minute-by-minute changes on share prices as well as share purchase volumes for any securities the subscriber is interested in. This special service would be made available to both DTAC and Dprompt customers. It includes information updated throughout stock trading hours.
"The Stock Alert system issues a warning when prices or volume of shares subscribers have a particular interest in change from a predetermined level. This means investors need not remain glued to the trading room, the television, or the computer to monitor share prices and volumes. This cooperation between Settrade.Com and DTAC establishes a new trend in the development of additional services for cellular phone users. Investors will be able to follow the news and monitor movements of share prices they are interested in whenever they want and wherever they are. They will have the freedom to go anywhere with the assurance that they will still be connected to the stock market and able to manage their portfolios effectively," Settrade.Com's CEO explained.
To be eligible for this Stock Alert service, a subscriber must also be a member of one of the brokerages that are authorized to carry out share transactions through SETTRADE, or be a member of Settrade. Those interested in using the service but who are not members can sign up for free membership at www.settrade.com.
Total Access Communication PLC (TAC), the leading telecommunications operator that provides DTAC and Dprompt mobile phone services, Product and Services Group Director, Mr. Chanchai Ngamwithi, said the Stock Information Service is a special service available through cellular phones to provide share information for both the SET and the Market for Alternative Investment (MAI), or information on specific shares.
Investors will be relayed messages by Short Messaging Service (SMS). Investors do not need to become a member of SETTRADE to be eligible for this service, but DTAC will charge transaction fees to their monthly bills.
The service is simple to use. DTAC and Dprompt customers merely need to input the symbol of the share they are interested in through the SMS system and send it to the number 1922999. They will be able to access the latest price of the share, changes in the price, total transactions and volume, and the best bid and ask price for the share. This will, therefore, be a really convenient and speedy service for investors.
"The Stock Information service will become another popular service because it is cheap, convenient, and fast. Moreover, DTAC will offer the Stock Alert service whereby subscribers will have to set up an alert rule through the website. In the future, Settrade and DTAC will continue to join collaborate in the development of new services for investors through cellular phones. The latest technology in new cellular phones should enable a wider variety of convenient services," Mr. Chanchai concluded.
For more information, please contact Client Support at the SET on 02-229-2222, or any brokerage carrying out online transaction via Settrade.Com Company Limited.
Brokerages which are members of Settrade.Com Company Limited include Ayudhya Securities Company, Kiatnakin Securities Company, Globlex Securities Company, KGI (Thailand) Securities Company, SICCO Securities Company, DBS Vickers (Thailand) Securities Company, Trinity Securities Company, TISCO Securities Company, National Securities Company, BFIT Securities Company, BT Securities Company ,Capital Nomura Securities Company, United Securities Company, UOB Kayhian (Thailand) Securities Company, and Intel Vision Securities Company.
