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Thursday, Dec 16, 2004

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Telequote offers commodity prices on mobile phones

Our Bureau

Mumbai , Dec. 15

TELEQUOTE, a worldwide financial information service provider, on Wednesday announced the launch of TQPda, a mobile version of real time quotes and technical analysis charting software in India.

TQPda is a sophisticated application, which enables instant access to real time financial data and interactive charting on a PDA/mobile phone using GPRS connection. With TQPda, investors will get an access to all major world commodity exchanges along with Indian commodity exchanges, such as MCX, NCDEX and NMCE, according to release. "Indian commodity prices are highly correlated to international prices and that is the reason we have evening sessions in the Indian commodity exchanges. With TQPda, commodity market participants need no longer stick to their desktops in the evening since they have wireless access to market information, such as streaming quotes, charts and news," Mr Roshan Sequeira, Director of Telequote Data India, said.

It has over 20 fully configurable technical analysis tools, he said.

Telequote Data India is a strategic venture of Hong Kong based - Telequote Data International Ltd in India. Telequote covers real time market data of Commodity exchanges such NCDEX, MCX and NMCE.

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