Man Financial Taps Iress for CFD System

TRADING FLOOR TECHNOLOGIES

MELBOURNE—The Man Financial brokerage has tapped Iress Market Technology to build a contracts for difference (CFD) system, officials tell DWT.

The Australian trading software vendor will work with Man Financial, a division of the Man Group, to launch the CFD system in Hong Kong, Singapore, Taiwan, Korea and Japan. CFDs are agreements between two parties that focus on the entry and exit price of the contract. It concludes with the parties settling the difference between the purchase price and the

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