Danske Bank has today announced the addition of share trading functionality to its mobile banking apps.
The new share trading functionality gives customers access to ‘market’ and ‘watchlist’ functionalities. The market function allows customers to follow stock indices, government bonds, commodities and funds, while the watchlist enables customers to create their own personalised list of securities according to their individual interests.
In addition, for those customers who have a Danske Bank Custody Account, they now have access to the app’s ‘custody’ and ‘trade’ functions, once logged in. The custody function allows customers to see the total value of their investments including balance, transactions and market details on each security, bond or fund. They can also place trades in a matter of seconds via the trade function within market hours.
Customers using the tablet version of the app will have the option to customise their dashboard with a number of useful widgets, whereas smartphone users will be able to swipe between their day-to-day banking wheel and the new investment wheel.
Commenting, Ciaran Mahon, head of Private Banking at Danske Bank said: “Just as technology is making communication easier, it’s also making banking easier. We know that our customers want to be able to manage all aspects of their finances while on the move, and in the most flexible manner possible. At Danske Bank we continue to invest in the tools to make our service accessible in a manner that is quick, convenient and secure. As a leader in technology innovation we are using this expertise as a complement to our leading advisory services for clients.”
Danske Bank is the only bank in Ireland to offer a banking and investment app to its customers. Danske Bank’s market-leading range of technologies includes a smartphone app for business banking, a personal banking smartphone and tablet app, online and mobile share trading capabilities, and an award winning eBanking service.
The Danske Bank app is available now for free download on the iTunes Store or Google Play, with existing app users able to use the new functionality once they update their app which they will automatically receive.