The Oz reports that the era of doing share trades by SMS is now upon us. While the major banks had offered WAP-based trades from a limited number of phones, Bell Direct says it will cost 55c to SMS an order to them, and their website claims trades will start at $15 a pop.


    While I am a fan of making services as convenient as possible. Using a best effort medium such SMS to conduct share trading opens up a whole can of worms in respect to the delivery of time critical transactions.

    Silly idea if you ask me.

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