Spotware rolls out Manager’s API for cTrader brokers

abdelaziz Fathi

Spotware Systems, a technology provider for the electronic trading industry, has released its new Manager’s API for Brokers, providing powerful tools for server-server integration.

The new product helps Spotware’s clients operate their brokerage business efficiently and offer value-added solutions to their traders and partners.

Manager’s API allows brokers to receive historical values about all entities, send managing requests to manipulate with all entities of the server. Specifically, a broker’s admin is able to create/update/delete accounts, groups, profiles, charts; make deposits/withdrawals, and even trade on behalf of traders. Authorization is done using the same credentials as for login to cBroker.

Based on Google Protocol Buffers V2 (proto2), Manager’s API capabilities also enable easier building of applications (even trading terminal), compared to the usage of the Open API. Brokers can now also replace Webservices API with the manager’s API and implement more logics inside their CRM. Manipulation with manager’s API is based on the manager’s permissions that are used to introduce miscellaneous amendments to cBroker.

“The new Manager’s API is a huge step for broker control expansion, and, of course, in line with cTrader’s business scope – Deliver complete and meaningful solutions that solve real problems”, says Christina Theodorou, the COO at Spotware, “Almost every function available in cBroker is available within Manager’s API. It gives cTrader brokers the opportunity to implement any logic on their side, and manipulate server entities in the manner they see most appropriate and beneficial.”

These new features securely fall in line with Spotware’s goal of keeping cTrader as one of most trader friendly platforms on the market. The company says that adding such preferences allows their brokers to decide exactly how they want the platform to work for them.

Spotware has recently launched an updated web version of its flagship cTrader web platform. The tech provider said “significant changes” have been made to the structure of the application and its interaction with servers.

FinanceFeeds last reported about Spotware Systems when the company appointed Andreas Masouras in the capacity of business development manager. Masouras joins the company after having spent 8 years in different sales roles. He arrives at Spotware after a short stint with Tools for Brokers, a software developer for FX brokers, where he spent 18 months as a sales manager.

Read this next

Digital Assets

Crypto exchange Bittrex exits US market amid regulatory woes

Bittrex said on Friday it plans to wind down operations in the United States and voluntarily liquidate because of the uncertain regulatory environment surrounding their business.

Institutional FX

Tradeweb completes integration of Nasdaq’s US fixed income platform

Tradeweb Markets has completed the technology integration of Nasdaq’s US fixed income electronic trading platform, formerly known as eSpeed, which it acquired two years ago in a $190 million, all-cash transaction.

Digital Assets

FTX Europe to allow client withdrawals via new website

The Cypriot unit of failed cryptocurrency exchange FTX has launched a new website that it says would allow customers to withdraw deposits of fiat currency and crypto assets after months of suspension.

Retail FX

Liquidators apply to cancel SVS Securities’ FCA license

An update published today by Leonard Curtis said the UK high court of justice has approve their application to bring the special administration of the failed wealth manager SVS Securities to an end.

Digital Assets

Japan forms government panel to pilot digital yen

Japan’s Finance Ministry has created an advisory panel to look at the feasibility of issuing a central bank digital currency, otherwise known as “CBDC”.

Digital Assets

USDC sees massive $10.4 billion outflows in March

Cryptocurrency traders have withdrawn more than $10 billion from the world’s second largest stablecoin, USDC, in less than three weeks even as concerns over the fallout from the Silicon Valley collapse have receded.

Interviews

OSTTRA’s Joanna Davies goes beyond 30-30-30 data standard at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Joanna Davies about OSTTRA.

Interviews

CloudMargin’s Stuart Connolly on how to manage collateral amid high rates at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Stuart Connolly about CloudMargin’s SaaS platform, said to be the only cloud-native collateral and margin management system in the industry, at a time of stress due to rising interest rates.

Interviews

Baton Systems’ Alex Knight on solving post-trade with DLT at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Alex Knight about Baton Systems’ about rising settlement fails, collateral management, and the profile of DLT beyond cryptocurrencies.

<