Twitter and SMS · 5 March, 08:58 PM

I saw Markus Finch’s Digg and Twitter a couple days ago, and I’ve been perpetually leaving it unread because I want to think on it. It’s a brilliant idea: Twitter or the like should enter the personal finance space and start pushing stock quotes out through the system, functioning much like a real-time ticker. Well, not much like, it would be a real-time ticker. You know, the kind of thing people pay real money for. Then I saw Russell Beattie’s post on the costs of free SMS. Would the same thing work for SMS – real-time stock quotes? I’m not so sure.

I think the really key thing with these services is that you have to make the data actionable. If you could click on a link in a tweet and go to a brokerage site’s trading screen, or respond to an SMS with a buy or sell order, that would probably really be something that people would be willing to pay for and brokerages would be willing to partner with.

— Gordon Weakliem

---

Comment

Commenting is closed for this article.