TradeMonster Launches Live Scanner on Mobile

TradeMonster announced today its custom options market scanner tool is now available on mobile platforms.

TradeMonster has earned a name for itself as the only proprietary trading platform built on HTML5 and has won numerous awards for their mobile applications and user interface. The live scanner, called LiveAction, was previously available only on the desktop interface.

According to the press release, "TradeMonster Mobile’s liveACTION scans real-time options, stocks, and ETFs for streaming quotes, volatilities, unusual activity in the market, and other data metrics to help users identify unique and actionable trading opportunities on the go. Additionally, the unique “My Scan” feature gives traders the ability to choose from over 140 real-time criteria and create custom scans for their personalized trade ideas."

The app boasts a single click can scan over 500,000 option contracts in the market in less than a second. "It's market intelligence for anyone who wants to trade in real-time efficiency on the go," says Sanjib Sahoo, CTO of TradeMonster.

The future of trading services must be device agnostic so users never feel they are missing out when away from the desktop, says Sahoo. He believes as more mobile and tablet features grow the industry increases trader confidence in the mobile device. Becca Lipman is Senior Editor for Wall Street & Technology. She writes in-depth news articles with a focus on big data and compliance in the capital markets. She regularly meets with information technology leaders and innovators and writes about cloud computing, datacenters, ... View Full Bio