This would allow even the tiniest Hong Kong broker to offer its clients online trading on the Exchange's site, which will simply check with the brokers to confirm the client's accountbalance and credit-standing before executing the order.
Two-thirds of mobile banking users say they used their mobile phone to check an accountbalance or available credit before making a large purchase in the past twelve months.
The credit-card issuer expects higher account balances, newly opened accounts and balance transfers on cards wooed away from rival issuers to result in "modest" growth in Discover's overall credit-card portfolio in the second half of 2011.
As long as the account is open and in good standing (which it will be if your balance is zero), you will be reported to the credit bureaus as current on the account each month.