IG launches trading app for Apple Watch
IG Group has launched a trading app for the Apple Watch, which it says is one of the first of its kind. The Apple Watch is due to be released on 24 April.
The IG app is the company’s first move into wearable technology. IG says that it will offer “a new and more instantaneous way to trade and monitor the financial markets”.
The IG app will automatically install itself on to a client’s Apple Watch provided they already have it downloaded to their iPhone. Via a one-tap login they will then be able to buy and sell stocks, trade CFDs and spread bet across a number of asset classes from the watch and monitor their existing positions.
The app is also fully localised and available in 12 languages. Personalised watch-lists allow clients to view and open positions on the markets relevant to them. Furthermore iPhone app push notifications will automatically sync with the watch to ensure clients can constantly stay on top of their trading.
The economic calendar keeps clients informed of the day’s major financial events. It takes the current date and time from the client’s Apple Watch and uses this data to display a list of macroeconomic events, from that moment up until the end of the day. Clients will be able to see how these events affect their positions and act on actual figures the moment they’re announced.
Ivan Gowan, head of technology at IG, said “Apple has a track record of transforming everything they have gone into, just as IG has transformed online trading, and we are excited to be part of this latest development, and to have created something we feel our clients will truly value.
“The launch of this app follows IG’s revolutionary stockbroking platform launch and Sunday trading offering. We believe that trading on a watch is another important step in simplifying the trading and user experience. The features and functionality have been developed to ensure clients can access markets and execute trades in a simplified and immediate manner.”