Spotware Systems set to roll out AMF Compliant Account type

Maria Nikolova

The accounts will be made available following the release of the next version of Spotware Systems’ cServer.

Spotware Systems, a widely known developer of technology solutions for the online trading industry, today announces the upcoming support for a new AMF Compliant Account type. This will be made available following the release of their next version of cServer.

cTrader is the first White Label trading platform to announce support for French clients in conjunction with the recent statement (so far only issued in French language by France’s financial markets regulator AMF). According to the statement, brokers must offer a mandatory Guaranteed Stop Loss to their customers among other attributes which relate either to the technology offered or administrative and marketing efforts of the broker.

A unique attribute of cTrader’s implementation is that the Guaranteed Stop Loss will work in conjunction with the option to choose the trigger method of the GSL (trade side, opposite side, second trade side, second opposite side), extending the protection that is made available to traders.

“Speaking on behalf of the entire team at Spotware, we are proud to have reacted to introducing a critical feature even before any English statement was published by the French regulator or any other European regulator. In a matter of days this feature was in R&D. Thanks to our agile development approach we are now waiting to release the feature with the next compatible version of cServer according to our version control schedule.” James Glyde, Chief Commercial Officer, Spotware Systems.

cTrader is already well equipped with an extensive range of tooltips to help deliver the financial risks to traders before committing to any order.

“We are always looking to increase visibility of financial risks, with or without pushes from the ever changing regulatory landscape.” James Glyde, Chief Commercial Officer, Spotware Systems.

Read this next

Digital Assets

BlockDAG Presale Raises $9.9M as Batch 5 Nears Sell-Out Amid Bonk’s Fluctuating Trading Volume & Spell’s Bullish Price

Explore BONK’s trading volume, SPELL’s market shifts, and why BlockDAG’s 10,000 ROI makes it an ideal crypto for savvy investors in 2024.

Digital Assets

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

Digital Assets

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization.

Digital Assets

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.

<