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CFH Systems to Acquire JV Partner in China CFH Systems, which produces online trading services for financial institutions primarily for FX and CFDs, is set to acquire Capital Market Automation Provider's (CMAP) 49% stake in its organisation. CFH formed the joint venture in November 2015, but now says that it has the infrastructure and local market knowledge to continue developing the company alone. Announcing the launch last year, CFH Systems said it formed the joint venture with CMAP to “accelerate market penetration in China”. At the time, the firm said the partnership offered institutional clients the benefits of CFH’s ClearVision technology, combined with CMAP’s local network infrastructure and specialisation in MT4-hosted services.