IG Group Launches First Trading App on the Apple Watch

Melbourne — IG Group is the first online trading platform to launch an app for the Apple Watch, reflecting the company’s commitment to providing the latest in cutting-edge technology to help clients trade in international markets.

IG Group’s new offering has the company’s existing world-class trading technology at its heart and reflects the business’s aim of offering innovative, market-leading functionality. It will be available immediately following the launch of the watch in nine countries on 24th April. This is IG’s and Apple’s first move into wearable technology and offers a new and more instantaneous way to trade and monitor the financial markets, complementing more traditional mobile technology.

The IG Watch app will automatically install if the iPhone has already been downloaded and clients will be able to access the markets with a one-tap log in. You will be able to trade any one of IG’s 10,000 markets on the app, including over 90 FX pairs and 6000 global shares, as well as options, indices, binaries and commodities.

Given IG Group’s global reach, the app is also fully localized and available in 12 languages (including Chinese).

A tech savvy solution to stay ahead of the markets

IG Group is committed to technological innovation and providing clients with a variety of opportunities to trade the financial markets. Given the watch is Apple’s most personal device ever, IG has simplified the trading experience to allow effective trading on a small personal device. Personalized watch lists allow clients to view the markets relevant to them and open positions from them.

Furthermore, your iPhone app push notifications will come through automatically on to your wrist so you can constantly stay on top of your trading.

The economic calendar keeps you 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.

Retail traders

An Investment Trends report on retail trading behavior compiled in the last six months has highlighted that between 72% and 88% of traders in Australia, Hong Kong and Singapore currently use a smart device for trading, with a further 8% to 15% saying they plan to start. On these grounds, we expect the app to be well received by Asia-based traders.

Tamas Szabo, IG’s Head of Asia Pacific, comments, “Launching the first trading app on the Apple Watch proves IG Group’s commitment to providing world-class technology for our clients. Apple has a track record of transforming everything they have gone into, just as IG has transformed online trading. 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 in the UK, which is soon to be launched in Australia, offering traders and investors alike the most complete way to gain exposure to global equities. These innovations clearly demonstrate that improving the client experience through superior technology is at the heart of what IG does.

“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. Not only will IG’s clients have the best of IG’s 40 years of trading experience at their fingertips, they will also have access to the best available technology.”