BrokerBase: CFDs - Contracts For Differences

BrokerBase provides several masks for national and international payments. All bookings are recognized and booked by the BrokerBase BookingMachine. The BookingMachine has a transaction history, that can be viewed and browsed easily with the help of the filtering system. Additionally, the accounting accounts and subledger accounts are displayed on each payment.

The BBECS (BrokerBase Event Control System) is an electronic workflow that helps the user to perform additional steps in their bookings. For example, it is possible that for just booked stocks, corporate action to be incurred. BBECS will find these cases and will display them to the user as an event.

For CFDs trading, BrokerBase provides the following products:

• Manual booking mask
• Rollover mask for the extension of the term (rollover) of the open CFDs
• List&Label Reports for the presentation of the Trades
• Extension of the account statement for CFDs
• Extension of the withholding tax for CFDs

Through the interfaces, all CFDs transactions are routed (for example commission payments for sales). Starting with version 10.0, all CFDs masks that are included in BrokerBase have a central electronically controlled workflow (BBECS) and role based controled access.