UK stockbroker Hargreave Hale has gone live with Rolfe & Nolan's contracts for difference (CFD) processing system.
Giles Hargreave, CEO for Hargreave Hale comments: "We anticipate that CFDs are growing in popularity particularly as a means of gaining increased leverage from share trading and profiting from share price volatility. CFDs are, however, complex to process, requiring daily margin calculations and elaborate funding, interest and commission handling."
The broker has installed Rolfe & Nolan's CFD Express system, implemented as a dedicated bureau service with trained personnel.