Online Trading Company GFT Launches Free iPhone App for Financial Traders: DealBook® for iPhone

Dec. 15, 2009 - PRLog -- GFT, an online forex dealer and market-maker in other tradable derivatives, launched its free iPhone application for traders worldwide today - the fifth mobile trading platform the company has developed since 2004.

The free app is immediately available for download from iTunes, providing GFT customers with on-the-go access to trade real-time financial markets, including the more than 120 currency pairs it offers worldwide and the more than 3,000 tradable markets it offers as spread bets in the United Kingdom, and as CFDs in Europe, Australia, Asia and the GCC region.

“Trading is a dedicated endeavor, but traders don't spend all of their time at their desks,” said Gary L. Tilkin, president and CEO, GFT.

"Their mind is always 'where are my trades and the markets right now?' Giving traders real-time market access, charting and order-execution of their GFT account is a key aspect that this application provides,” he said.

People can download the app from the iTunes App Store by searching for “DealBook” directly from their iPhone or iTouch devices, or from iTunes on their computer.

Now that Apple has improved security and enterprise connectivity capabilities for the iPhone 3G, DealBook® for iPhone gives traders the ability to make quick and secure trades through GFT.

DealBook® for iPhone features include:

-   Full-screen, real-time charts for in-depth analysis.
-   Buy-sell quotes, as well as the daily high, daily low, open, close, net change and percent change.
-   Order capabilities, including market, stop, limit, OCO and parent & contingent orders.
-   Ability to track and modify working orders or open positions.
-   A range of 16 different market studies (indicators) for market analysis.
-   Real-time news headline ticker and full-length feature stories.
-   Price alarms: e-mail and audible alerts when the market hits a certain price.
-   Three chart types (bar, candlestick and line), seven timeframes (1m, 5m, 30m, 1 hour, 1 day, 1 week and 1 month).
“Traders are pulled in so many different directions and now they will have more time because they can trade efficiently with our new DealBook® app,” said Tilkin.

“We launched the DealBook iPhone application so traders can manage their trading activities whenever and wherever they want to,” he said.

In addition to the iPhone and iPod Touch, GFT offers DealBook Mobile for its customers using other mobile operating systems, including WAP (basic web access protocol), BlackBerry®, Windows® Mobile and several devices specific to Japan.

“GFT’s new iPhone app was inspired by several software projects we have going on all over the world and satisfies a need for large number of our customers.”

GFT is a privately held company that is regulated on four continents. Its world headquarters is based in Ada, Mich., with additional U.S. offices located in Chicago and New York, and global offices in London, Tokyo, Sydney, Singapore and Dubai.

# # #

GFT spurred the modernization of online currency trading during the late 1990s in the U.S. when it developed a trading platform called DealBook®, which reinvented the way speculators could trade off-exchange forex. Today, GFT is one of the leaders in offering online foreign exchange (fx or forex) trading as well as contracts for differences (CFDs, outside of the U.S.), serving traders in more than 120 countries.

GFT's customers and partners leverage the company's trading technologies and service using GFT's award-winning trading platform, web-based trading applications and mobile trading solutions. GFT is also spearheading a revolution in market education with its online currency portal FX360.com, a world-renowned currency research team and continued advancement of market-trading technology for financial derivatives.