Brokers

Spotware rolls out Manager’s API for cTrader brokers

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.

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