Broadridge Financial Solutions is launching new processing capabilities for contracts for difference instruments (CFDs). The move will extend the range of business functionality available through Broadridge’s international transaction processing solution, Gloss. The move will allow international banks and brokerage firms to benefit from a full range of agency and principal transaction processing and position keeping for equity, FX, index and interest rate CFDs. Other investments in Gloss include direct market connectivity to a range of Asian CFDs, including JASDEC, CDP, India’s National Stock Exchange and the Bombay Stock Exchange.
Click here for the release from Business Wire.