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Short Take: InvesTrade offers wireless option trades

Discount brokerage InvesTrade is offering option and stock trading information via wireless communications devices such as PalmPilots and smart cell phones. The company says its w-Trade system is the first to allow wireless option trades, and includes confirmations sent to the customer's wireless device by either email or fax. InvesTrade's Internet options transactions cost $1.75 per contract, with a $14.95 minimum.

Discount brokerage InvesTrade is offering option and stock trading information via wireless communications devices such as PalmPilots and smart cell phones. The company says its w-Trade system is the first to allow wireless option trades, and includes confirmations sent to the customer's wireless device by either email or fax. InvesTrade's Internet options transactions cost $1.75 per contract, with a $14.95 minimum.