#Ubs accounting
Explore tagged Tumblr posts
intensesoft · 1 year ago
Text
Revolutionize Your Business Operations with UBS Accounting Software
In today's fast-paced business world, managing finances efficiently is crucial for success. Small and medium-sized enterprises (SMEs) often struggle with the complexities of accounting and financial management, diverting valuable time and resources away from core business activities. Enter UBS Accounting Software, a comprehensive solution designed to streamline financial processes, enhance accuracy, and propel your business towards greater success.
What is UBS Accounting Software?
UBS Accounting Software is a robust and user-friendly financial management tool tailored for SMEs across various industries. Developed by UBS Corporation, this software is renowned for its versatility, scalability, and ease of use. Whether you're a budding startup or an established enterprise, UBS Accounting Software offers a suite of features designed to simplify accounting tasks and drive business growth.
Key Features and Benefits
1. User-Friendly Interface
UBS Accounting Software boasts an intuitive interface, making it accessible to users with varying levels of accounting expertise. The user-friendly design allows for easy navigation, minimizing the learning curve and enabling swift adoption within your organization.
2. Comprehensive Financial Management
From managing accounts payable and receivable to generating financial reports, UBS Accounting Software covers all aspects of financial management. Users can efficiently handle invoicing, track expenses, reconcile bank statements, and gain real-time insights into their financial health.
3. Customization and Scalability
Adaptability is crucial for growing businesses, and UBS Accounting Software offers customizable features to suit unique business needs. It scales effortlessly with your company's growth, accommodating increased transaction volumes and expanding requirements without compromising efficiency.
4. Security and Compliance
Data security is paramount in today's digital landscape. UBS Accounting Software prioritizes the protection of sensitive financial information through robust security measures and compliance with industry standards, ensuring your data remains safe and confidential.
5. Integration Capabilities
Seamless integration with other business applications and tools enhances efficiency by reducing redundant data entry tasks. UBS Accounting Software integrates with various third-party platforms, enabling a smooth flow of information across different departments.
Why Choose UBS Accounting Software?
Time and Cost Efficiency: Automate routine accounting tasks, saving time and reducing manual errors, thereby cutting operational costs.
Enhanced Decision-Making: Access to real-time financial data empowers informed decision-making, enabling businesses to react promptly to market changes and opportunities.
Scalability: Grow your business without worrying about outgrowing your accounting solution. UBS Accounting Software grows with you, adapting to evolving business needs effortlessly.
Customer Support: UBS Corporation offers reliable customer support services to address any software-related queries or issues promptly.
Note: To buy UBS Accounting Software check out here https://www.pcmart.com.my/ubs-accounting-software/
Conclusion
In the competitive landscape of modern business, having an efficient and reliable accounting system is non-negotiable. UBS Accounting Software stands as a beacon of innovation and efficiency, offering SMEs a comprehensive solution to streamline their financial operations. Its user-friendly interface, robust features, scalability, and commitment to data security make it an indispensable tool for businesses striving for success.
1 note · View note
ezaccounting · 2 years ago
Text
Sage Ubs Inventory | Accounting Software Singapore
Tumblr media
Sage UBS Point of Sales (POS) is designed specifically for rental and counter-sale activity management by small to large businesses. Using the POS keyboard and scanner, all transactions will be recorded at the checkout counter.  You can obtain the following data by employing this software. These include information on the most recent inventory level, an analysis of the performance of sales staff, a loyalty program, an analysis of the peak customer period, an analysis of product versus margins, and an analysis of receivables.
If you are looking for Sage Ubs Inventory accounting software in Singapore, here is Ezaccounting offers the best Sage Ubs accounting Software with all functionalities.
The features of Sage UBS Point of Sales (POS) include the ability to view reports, print bar-code labels, and reprint cash receipts.
You can manage the database's visibility through security management.
Accurate records are kept of each sale. With the Sage UBS point of sale software, you can get complete information about the cashier counters, salespeople, product items, indicated POS counter, and mode of payment. You can track sales transactions to get information on deposits and withdrawals from your cash drawer. Simply enter the unique code, description, and other necessary information for each cashier, supervisor, credit card payment group, category, item, or counter in your maintenance level using this information.
Benefits of Sage UBS Point of Sales Retail management relies heavily on the software from Sage UBS Point of Sales. Retailers have access to the most important and relevant data they need to run their businesses effectively thanks to this software.
This software speeds up sales transactions and allows for customer trend analysis. It stores historical data.
0 notes
userbasicsoftware · 2 years ago
Text
Features Of Sage UBS Accounting Software
Tumblr media
Sage UBS Accounting Software
Sage UBS Bookkeeping programming is the primary promoting programming in Singapore. This software gives you instant access to inventory status updates and helps you manage all inventory transactions. Invoices and delivery orders can be printed with an invoicing system. Accounts Payable, Accounts Receivable and General Ledger are all part of this software module. You can manage accounting period entries for 18 months using these modules. The Singapore payroll software is another option for accounting pay.
System Requirements for Sage UBS Accounting Software Pentium II 266 MHz Minimum 128 MB memory Minimum 800 MB or more disk space 1 floppy disk drive 1 CD Rom Drive Windows 7 Printer Features of Sage UBS Accounting Software With this software, you can handle multiple company transactions and speed up accounting functions. It is suitable for businesses such as trading companies, contractors, non-profit organizations, training institutions, retailers, restaurants, wholesalers, accounting firms, manufacturing companies, and cooperative societies.
Multiple currency functions, various levels of data access security, the ability to modify any transaction, and the ability to handle all transactions for up to 18 months. The ability to record advance and post-dated checks. The ease with which the previous month's omitted entries can be inserted. The ability to calculate sales commission for an agent.
Sage UBS Accounting Software serves as important to any company that requires detailed reporting of their daily accounts transaction needs.
Calculate Unrealized Gain/Loss Monthly profit/Loss and Balance Sheet report Consolidated Account Support USB Key Project account With the Singapore UBS Accounting software, you can easily get the following reports: 
General reports like Delivery Order, 
Invoices, 
Case Sales, 
Stock Aging reports Sales 
Analysis Report and 
Gross Profit Analysis Reports like Yearly sales & purchase reports,
 Top 25 product sales by quantity, and sales value. We also offer training and a free demo to clients who ask. 
0 notes
onestopaccountingblog · 2 years ago
Text
Features Of Sage UBS Inventory Software
Tumblr media
The stocks are tracked and maintained immediately following each entry using the Sage UBS Accounting Inventory Software. Sage UBS Stock Control System is another name for this piece of software. Additionally, this system serves as an invoice system. You can print delivery orders and invoices with this software. Extensive research and development have resulted in enhancements to this system's effectiveness, including the addition of Bill of Materials modules as a feature.
Stock valuation techniques are provided by the Sage UBS Inventory Software. Fixed Cost, First In, First Out (FIFO), Monthly Moving Average, and Moving Average are examples of these valuation techniques. Additionally, various levels of security are provided for data access. You can also use pictures to insert stock items.
The following small and medium-sized businesses can benefit from this software: retail shops, restaurants, bars, hotels, wholesale warehouses, and manufacturing firms. Sage UBS Inventory Software's features allow you to keep track of the company's inventory movement.
You can manage multiple company transactions with this software.
For data access, this software offers various levels of security.
You can easily follow the stocks by using the unique serial number.
The Sage UBS Inventory Software lets you pay in a variety of ways.
With the item's receipt and issue, real-time stocks are updated.
Users can enter multiple locations and items in a grading system.
Modules for the stock valuation method are provided. These are FIFO, Monthly Average, Fixed Cost, and Moving Average. This inventory software can be integrated with accounting software from Singapore.
The following reports can be printed: Delivery order Invoice Cash sale Sales Order Purchase Order Debit note Credit note Reorder Stock Cards Stock aging reports These are the features and benefits of the Sage UBS inventory software. You can be able to retrieve all of the historical records. 
Are you looking out for UBS Accounting Software in Singapore? We offer brands like Sage UBS Accounting software. Call us now!
Do you want to find the best accounting software for your company? You've arrived at the right place. Call to schedule your software demo:[email protected]
0 notes
teachyouhowtodothesponge · 1 year ago
Text
Tumblr media
Gift for @kami-pants! 🎁
Howdy and Flora meeting up! They are gonna go get some coffee at a nice coffee shop. :)
54 notes · View notes
unbreakable--bond · 2 years ago
Text
"the bad bitch i pulled being autistic" meme but it's tails with sonic.
52 notes · View notes
oliwrightofficial · 2 years ago
Note
Speaking of pudding, I actually don't know if Oli was the only one who's eating it but when Louis was in the Philippines during LTWTManila, I saw Oli going into a "Pasalubong" (in English souvenir) store and going out with atleast 3+ tubs of Leche Flan and Ube Flan. He must've love pudding so much to buy that many. I think I also saw him carrying a Pichi-Pichi or a Biko box (it has a big label on the side that's readable so that's why I know) so he must like rice treats as well.
could anyone have predicted the rise of Oli/ pudding receipts?! NOT ME!!! every new day on this site is a gift from the gods above
22 notes · View notes
hyungseos-cafe · 2 years ago
Text
Tumblr media
Pairing: Boyfriend!Kevin x GN!Reader ft. TBZ (mainly Sangyeon) 
Genre: fluff
Warning: babe is used once and sangyeon walks in on them lmao
Word count: 779
Summary: kevin, cookies and poems. what could go wrong? 
Tumblr media
Kevin; his smile was like the summer breeze, cool and refreshing, yet warm like the sun that shines brightly upon the waves.
His aura reminds me of the stars that I sit and gaze upon every night. Bright, sometimes almost blinding, but comforting.
His laugh brings me joy, the same joy a child feels after receiving praise.
His kindness warms my heart like a fresh cup of hot tea on a cold winter's morning. Kindness that encapsulates my entire being and keeps me safe.
Kevin is the love that you’ve been waiting your whole life for. His gentle actions and soft kisses bring me back to reality in times of pain.
Y/n journaled intently while staring out the window, the words flowed like water. The atmosphere of the cafe, the light bustling of the workers and him. That was all they needed.  
“What are you working on there, love?” He asked, curiously, placing a gentle hand on their shoulder
“Oh, just writing” they answered simply. 
“Why are you grinning so much then?” He chuckled lightly, gesturing to their notebook “May I?”
Hesitantly, Y/n placed their pen on the table and slid their notebook toward Kevin, “It’s really nothing much, I just like writing about you” 
Kevin sat in awe, silently smiling to himself as he felt butterflies slowly building up in his stomach. The notebook in his hand filled with so much love, so much joy and so much warmth. He was at a loss for words. 
“Y/n, I love you” 
“I love you too, Kevin” 
They sat quietly at the small cafe, sharing loving looks while interlocking fingers. It was their cafe, the same one Kevin accidentally took Y/n’s order instead of his own. The same cafe he expressed his interest in Y/n and the same cafe the two shared their first date. 
After finishing their coffees and wrapping up their cafe date, Kevin pulled out his phone to show Y/n something he had found. 
“Are you ready to go? I found this cookie recipe that I wanted to try with you. I picked up some supplies yesterday while you were out” Y/n nodded and began to pack up. Leaving the cafe, the pair held hands all the way home. After all, the cafe was just a short 10 minute walk from their apartment. 
Unlocking the door to the apartment the pair shared, Kevin headed straight towards the kitchen and began to take out the necessary ingredients. After one too many mishaps, the final attempt proved success, as it came out perfectly circular and soft. 
Y/n began piping the frosting onto the cookies while Kevin was washing the dishes, turning around, his heart nearly skipped a beat. The love of his life standing before him, the concentration in their eyes and the stray hair falling gently on the side of their face proved the perfect view. 
Drying off his hands, Kevin silently waddled behind Y/n, wrapping his arms tightly around their waist and rested his head on their shoulder 
“Hi” he sighed shyly 
“No, hands off! Not until I finish decorating, Mr!” Y/n playfully chanted 
A sly grin made its way onto Kevin’s face as he secretly slid is hand underneath Y/n’s arm to grab a cookie, but unfortunately this scheme soon came to an end when he felt a slap on his arm 
“Ow!” He yelped “What was that for?” He pouted 
“That’s for sneaking a cookie!” Y/n slapped his arm again 
Turning around, Y/n’s heart rate increased, there stood Kevin with a dumb little pout on his dumb little face
“Oh, come on now” Y/n pressed a kiss to his forehead 
“Here” they held out a freshly piped cookie to him 
Gently placing the cookie onto his palm, he examined the roses elegantly piped and took in the subtle rose extract. 
“These are beautiful, babe. I had no idea you were so good at this” 
“Well, I’ve been watching you draw for a while, so I guess I learned a thing or two” 
“Damn, maybe you should start drawing then” Kevin smiled, a mischievous grin grew as he slowly reached his hand behind Y/n to gather a dollop of frosting onto his finger. 
“I feel like it should be the other way around, Mr. Moon” Y/n sighed, resting her cheek on his chest 
“I like this, just me and you with no distraction-“
The warm moment only lasted a few seconds before the door sprang open and in entered a group of rowdy boys 
“Oh- did we interrupt something?” Their leader chuckled, grinning, he pushed past the couple feigning disgust. 
14 notes · View notes
software-review · 2 years ago
Text
0 notes
bestiascoaching · 2 years ago
Text
Why do business human beings select MYOB software?
MYOB permits small business owners to track income, expenses, creditors, borrowers, purchases, inventory, jobs, time billing jobs, etc. In the course of an honest interface that makes it is easy to manipulate the whole thing simultaneously.
Paintings thru the capabilities. You may download product demos for both MYOB accounting internet websites. If you have any idiosyncratic wishes that aren’t general to commercial enterprise, take a look at the demos to peer which product plays high-quality. As an example, non-profit or network businesses will likely locate that the superior budget functions in MYOB software suit them great, however, agencies with inventory in multiple places will in all likelihood be better steerage towards MYOB.
Tumblr media
If evaluating the cost of every product, factor inside the modern cost of annual assistance and annual upgrades. In case you’re comparing the fees of different MYOB (they alternate all of the time so you’ll want to store round to get the present-day charges), do not forget to the component inside the fee of the annual guide. Assist is crucial, especially at the start, and help that’s handiest ever a telephone name away can be a lifesaver. Sometimes, the annual guide is sort of identical to the purchase price of the software program, so it’s vital that you issue it in
Examine whether you want any add-ons. Just as you wouldn’t employ a secretary who best speaks French and a supervisor who best speaks pig Latin, you need to make certain that your accounting software can talk to the alternative computer packages for your office. For the MYOB software program, you could discover a listing of accessories by means of traveling to the MYOB add-ons page on this internet website. For QuickBooks, visit www.Quickbooks.Com.Au or contact their customer service line to ask about upload-on products.
Don't forget your running gadget. Talk to your accountant. If your accountant an awful lot prefers running with considered one other of these products in particular, you then probably decrease accounting fees by using following their recommendation.
Reflect on the consideration of who you’ll use as a consultant or for training. In the towns, each MYOB
Software programs have a superb community of running shoes. There are also masses of venues in which you could attend education guides. However, consultants get a lot extra scarce inside the bush, so it will pay to find out what the neighborhood support includes, and which product is supported first-class in your precise locality.
0 notes
ezaccounting · 2 years ago
Text
How To Evaluate The Ubs Accounting Software
Tumblr media
With Sage UBS Accounting software, your accounting tasks are now much simpler and you have better control over your finances, from preparing financial reports to integration options with Payroll and Inventory systems.
Because Sage Ubs Accounting is integrated with simple posting to its Sage Ubs Inventory Software, all of the inventory costing is linked to the accounting software. This speeds up the process of calculating item costs and viewing item profit margin reporting in real time.
If you are looking for Sage Ubs Inventory accounting software in Singapore, here Ez accounting offers the best Sage Ubs Software with all functionalities.
It accompanies various modules which include:
Sage UBS Accounting Software is another accounting software brand that we carry. Sage UBS Accounting is the most widely used accounting software in Malaysia. It is well-known for its user-friendly features and wide range of customization options. In addition, Sage UBS Software includes the Sage_Ubs Assets Register, a valuable tool for calculating depreciation and managing fixed assets.
System (Stock Control) of Sage UBS Inventory & Billing Software The inventory control, order processing, and purchasing systems of Sage UBS Accounting Software are well integrated. It was formerly Sage UBS Stock Control and is well-known for its extensive feature set, useful reports, user-friendliness, and customizable nature.
System Sage_Ubs Payroll & Human Resource Management Software Sage UBS Accounting Singapore Software cover features with a lot of flexibility and accuracy, which is why it is popular in almost all SME industries. Sage UBS Human Resource Management is now available as an addition to the management and administration systems for leaves, claims, resources, and evaluation.
System for Sage UBS Point of Sale (POS) Software The PC-based cash register system from Sage UBS Accounting Software is made for all retail establishments. It can be used on its own or as part of an integration with Sage UBS Inventory & Billing for greater inventory control.
0 notes
userbasicsoftware · 2 years ago
Text
Streamline Business Accounts With UBS Accounting Software Singapore
Tumblr media
Are you looking for a means to handle your company's accounts? 
UBS Accounting Singapore Software is an easy-to-use program that makes keeping track of your finances simple in Singapore. Tool for income tracking and generating reports.
Here it is: UBS Accounting Software Singapore streamlines your business accounting.
Even if you have no prior expertise handling accounts, UBS Accounting Software Singapore allows you to manage and simplify your business finances with simplicity.UBS Accounting Software is critical for any company that needs detailed reporting on their daily accounting operations. It allows you to generate financial and profit margin reports at any moment.
Sage UBS accounting software enables you to effortlessly produce and customize invoices, manage payments, and issue late payment reminders. 
Furthermore, it will enable you to set up recurring bills for regular clients, saving you time and effort. You can assure compliance using invoicing and billing capabilities.
It also helps you to keep track of and categorize all of your company spendings, from office supplies to travel expenses, for tax purposes.
Get PSG 70% Grant Accounting Software and easily manage your business Accounting.
0 notes
leviathan-supersystem · 9 months ago
Text
Tumblr media
BEIJING — China’s struggling real estate developers won’t be getting a major bailout, Chinese authorities have indicated, warning that those who “harm the interests of the masses” will be punished.
“For real estate companies that are seriously insolvent and have lost the ability to operate, those that must go bankrupt should go bankrupt, or be restructured, in accordance with the law and market principles,” Ni Hong, Minister of Housing and Urban-Rural Development, said at a press conference Saturday.
“Those who commit acts that harm the interests of the masses will be resolutely investigated and punished in accordance with the law,” he said. “They will be made to pay the due price.”
That’s according to a CNBC translation of his Mandarin-language remarks published in an official transcript of the press conference, held alongside China’s annual parliamentary meetings.
Ni’s comments come as major real estate developers from Evergrande to Country Garden have defaulted on their debt, while plunging new home sales have put future business into question.
In 2020, Beijing cracked down on developers’ high reliance on debt for growth in an attempt to clamp down on property market speculation. But many developers soon ran out of money to finish building apartments, which are typically sold to homebuyers in China ahead of completion. Some buyers stopped paying their mortgages in a boycott.
Authorities have since announced measures to provide some developers with financing. But the national stance on reducing the role of real estate in the economy hasn’t changed.
This year’s annual government gathering has emphasized the country’s focus on investing in and building up high-end manufacturing capabilities. In contrast, the leadership has not mentioned the massive real estate sector as much.
Real estate barely came up during a press conference focused on the economy last week, while Ni was speaking during a meeting that focused on “people’s livelihoods.”
Ni said authorities would promote housing sales and the development of affordable housing, while emphasizing the need to consider the longer term.
Near-term changes in the property sector have a significant impact on China’s overall economy.
Real estate was once about 25% of China’s GDP, when including related sectors such as construction. UBS analysts estimated late last year that property now accounts for about 22% of the economy.
Last week, Premier Li Qiang said in his government work report that in the year ahead, China would “move faster to foster a new development model for real estate.”
“We will scale up the building and supply of government-subsidized housing and improve the basic systems for commodity housing to meet people’s essential need for a home to live in and their different demands for better housing,” an English-language version of the report said.
next time you complain about how things are in America, consider that if you lived in some kind of scary communist country like China, you wouldn't even get to fund a bailout for the real estate company owners who ruined the economy like you can (whether you like it or not) in the good old US of A! 🇺🇲
1K notes · View notes
markrosewater · 1 month ago
Note
Good afternoon. I'd like to share a perspective on UB and competitive Magic.
In a previous answer, you had said that UB cards were something customizable, that you didn't have to play with them if they don't appeal to you. And that's true! What that doesn't take into account is competitive meta and the necessity of various cards. I think The One Ring is a good example; for a massive majority of Modern decks, you can significantly improve almost every deck with copies of The One Ring. If you're running an artifact-oriented deck or a control deck, you are actively hindering your deck by not playing it.
So for an audience that has been invested in formats like Modern who are faced with this power, what are they supposed to do? Personally I don't mind when my opponents play UB cards, but for players who do mind that, if they're in the same Venn overlap, they can't exactly tell an opponent in a high-stakes match to please play something else out of principle.
Thank you for listening, by the way, to all these various voices. I know that Marvel and comics mean as much to you as Magic does, and I also know you're going to get a lot of players who aren't going to be as kind in their opposition to UB. There's little middle ground at this point in Magic's present for how UB has impacted the game, but I hope that we as a player base can maintain an open perspective of personal wants vs. the larger schema.
I believe when you play competitively you accept that you'll be playing with people that are prioritizing efficiency of mechanics over creative execution.
116 notes · View notes
cemeterygrace · 4 months ago
Text
mcr seattle!
current vibe:
jail account:
@cemeterygrace-is-jailed
name: noa
age: 18
pronouns: any and all. whatever floats your boat. heck, make up some new ones.
gender: formless blob idc
sexuality: humans are neat 🤷
relationship status: dating @ghastguy77
i run @phan-resources.
member of the grape medicine haters cult
if you’re here for a specific fandom, i’m sorry for your loss
asks are always open just don’t be gross
feel free to tag me and message me anytime!
i yap so the rest is under the read more!
Tumblr media
Tumblr media
Tumblr media
fandoms: there’s a lot so have a list (or multiple)
music (these are all apple music links i’m sorry)
mcr
fall out boy
twenty one pilots
muna
boygenius
against me!
something corporate
ball park music
bears in trees
bleach lab
chappell roan
dead sara
ethel cain
ezra furman
flor
idkhow
linkin park
the killers
ls dunes
laura jane grace
nxdia
paramore
sophian
sophie
waterparks
the young veins
other
dan and phil (my wives)
f1
daniel thrasher
nate bargatze
kim stanley robinson
brandon sanderson
charlie jane anders
markiplier
unus annus
jacksepticeye
nerdforge
f1
mclaren and red bull baybee
other stuff
i’m an mcr5 truther
i’m a no but seriously imagine it truther (and it happened what the fuck)
i am a specialty root beer connoisseur (abita root beer hell yeah)
i’m on the hunt for the best fettuccine alfredo ever send me recs
i’m a freshman history major
i am a band kid do with that what you will
i have a dog she’s a mini englishdoodle named piper and she’s precious
i am a lactose intolerant cheese enjoyer
i have hella disabilities/chronic illnesses/diseases it’s a Time™️
i am a midwestern hoe
i play cymbals in marching band
instruments i play because this post needs another list
piano
flute
bass guitar
drums
mallet percussion
cymbals
violin
saxophone (a bit)
disabilities and such
juvenile idiopathic polyarticular arthritis (they can’t agree on a fucking name)
adhd (primarily inattentive type)
enthesitis
scheuermann’s disease
extreme hypermobility
lactose intolerant af
my tags!
damn you’re all the way down here? neat! good job for reading all of that lmao <3 as a treat here are some fun facts
i have entirely too many books in my room send help they’ve taken over
went to tit tour and clancy minneapolis!
i am a minnesota bitch what about it
i had chai and ube ice cream once and it was absolutely life changing
i’ve been to 30 states if we’re counting washington dc
i’ve been to 6 countries including the 3 main north american ones (america cause i live there, canada, and mexico)
i’ve been at the summit of the second tallest mountain east of the mississippi (mount washington)
tysm for reading you’re my favorite <3
dni: fascists, shitheads and bigots, israel supporters, terfs, ableists, etc. if you’re a dick about other people existing, this ain’t the place for you.
35 notes · View notes
transgenderer · 3 months ago
Text
In finance, a contract for difference (CFD) is a financial agreement between two parties, commonly referred to as the "buyer" and the "seller." The contract stipulates that the buyer will pay the seller the difference between the current value of an asset and its value at the time the contract was initiated. If the asset's price increases from the opening to the closing of the contract, the seller compensates the buyer for the increase, which constitutes the buyer's profit. Conversely, if the asset's price decreases, the buyer compensates the seller, resulting in a profit for the seller.
Developed in Britain in 1974 as a way to leverage gold, modern CFDs have been trading widely since the early 1990s. CFDs were originally developed as a type of equity swap that was traded on margin. The invention of the CFD is widely credited to Brian Keelan and Jon Wood, both of UBS Warburg, on their Trafalgar House deal in the early 1990s.
It remains common for hedge funds and other asset managers to use CFDs as an alternative to physical holdings (or physical short selling) for UK listed equities, with similar risk and leverage profiles. A hedge fund's prime broker will act as the counterparty to CFD, and will often hedge its own risk under the CFD (or its net risk under all CFDs held by its clients, long and short) by trading physical shares on the exchange. Trades by the prime broker for its own account, for hedging purposes, will be exempt from UK stamp duty.[citation needed]
16 notes · View notes