LHV has brought the trading of Baltic shares to mobile phones

17. december 2018

Starting today, LHV Mobile Bank users can buy and sell Baltic shares directly via the Mobile Bank. LHV’s Mobile Bank has been supplemented with the long awaited additional function.

Both iPhone and Android telephone users can trade Baltic shares via LHV Mobile Bank.

‘Our clients are quite actively managing their money matters in the Mobile Bank, since nearly 50% of everyday client traffic takes place via mobile telephone. For many years our most active clients have expressed the wish to perform share transactions via a mobile app, and now this is possible,’ said Sander Pikkel, Head of Brokerage at LHV.

‘All of life is in the process of moving to smartphones. Convenience and speed are benefits working in favour of the Mobile Bank, and are very important when it comes to trading. Only a few movements of the finger are necessary in the Mobile Bank to go from an idea to executing a transaction. As opposed to the Internet Bank, in the LHV Mobile Bank traders will immediately see a market depth and price info graphic,’ noted Pikkel.

‘In the same way that we recommend that beginner investors start with companies on their home market, we placed Baltic companies first in mobile trading,’ said Pikkel. LHV Pank is a Baltic stock exchange market leader, and nearly two-thirds of the bank’s clients who are investors, own Baltic shares. This is why LHV brought Baltic shares to the Mobile Bank first. The plan is to also add trading with securities on foreign markets in the future.

In addition to a client agreement, investing in Baltic shares requires the conclusion of an investment services agreement and a Baltic securities account agreement. Both can now be done conveniently and directly via the Mobile Bank.

In addition to trading, LHV Mobile Bank allows you to perform other necessary transactions, even if you are on the go. You can use the Mobile Bank to make convenient payments, set the limits on your bank cards, order automatic notifications and perform other bank operations. LHV is continuously improving its Mobile Bank, in order to offer clients the world’s best mobile bank.

LHV’s Mobile Bank app can be downloaded from the AppStore or Google Play.

LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group's key subsidiaries are LHV Pank and LHV Varahaldus. There are 380 people working at LHV and more than 159,000 clients are using its banking services. Pension funds managed by LHV have more than 178,000 active clients.

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