David Schehr, research director at the firm, pointed out that the issue is not whether mobile technology is capable of carrying out such activities, since he feels it is.
He claimed it is a question of whether enough trades will be carried out on a mobile channel to justify a company investing in such technology.
Mr Schehr explained: "Although all five of the largest US discount brokers offer mobile trading, actual consumer adoption is pretty low with less than two per cent of US consumers … taking it up to date."
In comparison, he noted that more than three-quarters of discount brokerage traders use an online channel as part of their business activity.
This week, Gartner announced that it has acquired the Burton Group - a research and advisory services firm for front-line IT professionals - for $56 million (£35.1 million).
