Israel based CFDs broker Plus500 (LON:PLUS) has announced that it has entered into a  strategic technology partnership with Brazil based Nelogica, a leading South American trading technology firm, which Plus500 describes as another milestone in the growth of its institutional (B2B) business across the Americas.

Under the partnership, Plus500’s proprietary clearing, execution and post-trade infrastructure will connect with the BlackArrow trading technology developed by the Nelogica group, enabling Brazilian and other South American financial institutions to access CME Group’s global derivatives markets.

The offering brings together Plus500’s regulated clearing and execution capabilities, risk management expertise and post-trade infrastructure with Nelogica’s proprietary trading technology.