WSD Global Markets, a New Zealand-based derivative brokerage and technology services firm, has launched its operations in India, with headquarters in Mumbai.

WSD has commenced its Indian operations in India through a separate Indian incorporated company named as WSD India and plans to expand its reach and presence in India to Delhi, Chennai, Kolkata, and other metros in the near future.

WSD India, through its principle in New Zealand, WSD Global Markets, has launched a fully outsourced derivatives technology solution, for hedging and trading derivatives like crude oil, gold and FX and other such contracts, that sets out to provide a tailor-made package that runs in partnership between the two.

Riaz Patel, managing director of WSD Global Markets, said: “WSD’s outsourcing FX solution offers direct access to a diversified global payments product line to service all of your current and future customers’ international currency needs. Our flexible state-of-the-art online system WSD direct offers instant access to a full-service trading desk without substantial capital investments.”