Spotware Systems, a Cyprus-based electronic
trading technology provider, has started investing in upgrading its infrasturcture to meet the higher demand for cTrader, its electronic trading
platform, among brokers.
This is even as a recent Finance Magnates
Intelligence Survey suggested that cTrader is likely the preferred
alternative trading platform to
MetaQuotes’ MetaTrader 4 and 5 that were recently pulled down from Apple’s App Store.
The technology provider noted that it wants to
be proactive “in accommodating new brokers that are being onboarded.”
The firm in a statement shared with Finance
Magnates on Monday further said it wants to increase its worldwide coverage and
reduce latency on its trading platform.
Spotware explained that its existing
infrastructure includes the cServer, which is the backbone of cTrader. The server comprises other servers in strategic locations such as Equinix LD5 in London and NY2
in New York.
The cServer, as well as over 150 proxy cloud
points, ensure brokers get access to uninterrupted liquidy connections, Spotware said.
The serve also provides security, comprehensive backup,
and seamless global connection to cTrader, it added.
Alex Avanesov, Head of Network Operations at
Spotware, noted that improved connectivity between its Equinix NY2 and LDG data
centres is one of the infrastructure upgrades the firm is investing in.
“After the rapid increase of onboarded brokers
on our trading platform, it would only make sense to be proactive and upgrade
our infrastructure in order to accommodate the ongoing increased demand,” Avanesov said.
Other infrastructural upgrades Spotware is
investing in include new proxy points in Southeast Asian countries like Vietnam
and Indonesia, the executive disclosed.
“These and many more upgrades will enable
cTrader Brokers to offer a seamless trading experience with the lowest latency
possible, sub-millisecond processing and a 100% uptime, regardless of their
traders’ location,” Avanesov explained.
Spotware’ Recent Initiatives
Earlier this month, Spotware Systems introduced the latest web and desktop 4.4 versions of
CTrader. This followed the Web 4.3 version released in
August and the Desktop 4.3 introduced earlier in June.
🔴🟢 The new cTrader Web 4.4 has now been released! Unveiling new features, which include shared access to trading accounts — it is the definition of a leveled up trading experience. Average +26% speed increase to minimize loading times https://t.co/kADU7WGZ6j pic.twitter.com/mU4FJLO9R8
— cTrader (@cTrader) October 5, 2022
Finance Magnates also reported that Spotware on October
released Broker OAuth, a new solution designed to revolutionize the mobile trading
experience of users.
The technology provider said it designed the
software to enable traders to “authenticate using their broker’s Client Area
credentials and perform all actions such as know-your-customer checks and
deposits without leaving the trading platform.”
Spotware Systems, a Cyprus-based electronic
trading technology provider, has started investing in upgrading its infrasturcture to meet the higher demand for cTrader, its electronic trading
platform, among brokers.
This is even as a recent Finance Magnates
Intelligence Survey suggested that cTrader is likely the preferred
alternative trading platform to
MetaQuotes’ MetaTrader 4 and 5 that were recently pulled down from Apple’s App Store.
The technology provider noted that it wants to
be proactive “in accommodating new brokers that are being onboarded.”
The firm in a statement shared with Finance
Magnates on Monday further said it wants to increase its worldwide coverage and
reduce latency on its trading platform.
Spotware explained that its existing
infrastructure includes the cServer, which is the backbone of cTrader. The server comprises other servers in strategic locations such as Equinix LD5 in London and NY2
in New York.
The cServer, as well as over 150 proxy cloud
points, ensure brokers get access to uninterrupted liquidy connections, Spotware said.
The serve also provides security, comprehensive backup,
and seamless global connection to cTrader, it added.
Alex Avanesov, Head of Network Operations at
Spotware, noted that improved connectivity between its Equinix NY2 and LDG data
centres is one of the infrastructure upgrades the firm is investing in.
“After the rapid increase of onboarded brokers
on our trading platform, it would only make sense to be proactive and upgrade
our infrastructure in order to accommodate the ongoing increased demand,” Avanesov said.
Other infrastructural upgrades Spotware is
investing in include new proxy points in Southeast Asian countries like Vietnam
and Indonesia, the executive disclosed.
“These and many more upgrades will enable
cTrader Brokers to offer a seamless trading experience with the lowest latency
possible, sub-millisecond processing and a 100% uptime, regardless of their
traders’ location,” Avanesov explained.
Spotware’ Recent Initiatives
Earlier this month, Spotware Systems introduced the latest web and desktop 4.4 versions of
CTrader. This followed the Web 4.3 version released in
August and the Desktop 4.3 introduced earlier in June.
🔴🟢 The new cTrader Web 4.4 has now been released! Unveiling new features, which include shared access to trading accounts — it is the definition of a leveled up trading experience. Average +26% speed increase to minimize loading times https://t.co/kADU7WGZ6j pic.twitter.com/mU4FJLO9R8
— cTrader (@cTrader) October 5, 2022
Finance Magnates also reported that Spotware on October
released Broker OAuth, a new solution designed to revolutionize the mobile trading
experience of users.
The technology provider said it designed the
software to enable traders to “authenticate using their broker’s Client Area
credentials and perform all actions such as know-your-customer checks and
deposits without leaving the trading platform.”
