Ustocktrade Securities Selects Wolters Kluwer´s GainsKeeper Brokerage Solution
(WorldNews Africa)

Wolters Kluwer today announced that Ustocktrade Securities, Inc. (USTS), the first alternative trading system (ATS) designed exclusively for retail investors, has selected Wolters Kluwer`s GainsKeeper Brokerage solution for cost basis reporting. The solution uses a suite of smart tools that helps firms calculate, track and report cost basis, adjusted for corporate actions and wash sales, for 1099 tax reporting. `As a relatively new retail stock trading network, we continuously enhance our platform to create a better trading experience for our growing base of users. We are very pleased to integrate Wolters Kluwer`s cost basis reporting to meet both our and our users` requirements,` said Matt...