With the addition of CFDs, Penson provides on-line access to exchange order books via Penson CFD Trader allowing clients to trade live market depth.
PFSL said through this CFD, clients will have access to real-time market prices, multiple order types, streaming news and market updates.
PFSL CEO Clive Triance said CFD trading has rapidly become an established part of the global investors’ toolkit. The CFD product complies with market and regulatory requirements and will give PFSL correspondents the ability to expand their market offering through a single service provider.
PFSL provides integrated outsourcing solutions and direct access to more than 50 markets through a consolidated technology platform for global execution, settlement, clearing, custody and securities financing, as well as regulatory and compliance reporting.
