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Class upgrades trade functionality

Class upgrades trade functionality

Miranda Brownlee
— 1 minute read

SMSF software provider Class has inked a deal with Nabtrade that provides Class Super and Class Investment Reporter users with access to the Nabtrade data feed.

According to Class, Nabtrade currently offers an international share trading capability that provides investors with access to five markets, eight exchanges and over 10,000 global equities and exchange traded funds.

Class first began offering access to international shares and foreign currency support to SMSF and non-super wealth accounting software in February this year.

The addition of the Nabtrade direct-connect data feed, Class said, allows trades executed via the Nabtrade platform to be automatically processed in Class and reconciled to cash paid or received.

Kevin Bungard, chief executive of Class Super, said as SMSF trustees and investors realise the benefits of diversification from a risk and volatility perspective, there is increasing interest and demand for foreign investments.

“Being able to offer direct-connect data feeds from leading providers such as Nabtrade in conjunction with Class’ foreign asset support delivers first class functionality for SMSFs,” said Mr Bungard

 

Class upgrades trade functionality
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