Derivatives trading technology developer SpotOption announced today its latest platform version, Spot5, which it will present at the upcoming IFX EXPO in Cyprus, May 23-25. Spot5 focuses on complying with regulation in terms of trading products, as well as offering brokers and traders automated tools for running business activity and trading.
Along with an upgraded mobile application and multi-platform solution, Spot5 focuses on providing brokerages with automation from both an operator’s and trader’s perspective. The developers also say that as CFDs and Digital Contracts are approved trading instruments by major regulators worldwide, they are henceforth at the forefront of the new Spot5 platform.
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“SpotOption has always aimed to be ahead of the trading industry needs,” says Pini Peter, founder of SpotOption. “We’ve noted that in order to truly be a recognized and global brokerage, operators need to get regulated, and get automated. Prepared for the industry evolution, this is the driving force behind the development of the new autonomous brokerage solution.”
The Spot+ automated sales, marketing, and retention system allows traders to pass on call-centers, and let technology do the work for them. With Spot+, marketing material can pass compliance checks, so operators can rest assured that no boundaries have been crossed.
The Spot Algotrader feature was developed to provide traders with automation as well, to implement and create formulas and strategies. The Algotrader allows traders to rely on their analytical skills to form strategies, share them, or sell them.