The developer of the cTrader trading platform has established a new hub in Kuala Lumpur to strengthen its presence in the local market.
The expansion aims to provide localized support to brokers, prop firms and retail traders.
Spotware opens Malaysia office, appoints new executives to capitalize on Asian trading boom
Trading
technology provider Spotware has opened a new office in Kuala Lumpur, Malaysia,
expanding its operations in the Asian financial markets. The developer of the
popular cTrader trading platforms has established a team focused on business
development, sales, and marketing to service brokers, proprietary trading
firms, and traders throughout the region.
Spotware Establishes
Malaysia Office in Asian Expansion
The
expansion comes as Malaysia continues to emerge as an attractive hub for retail
brokerage operations, positioned strategically near Singapore's established
financial center.
Ilia Iarovitcyn, CEO of Spotware
“By
establishing a strong presence in the Asian region, we're not only bringing our
cutting-edge cTrader technology closer to brokers, prop firms and traders but
also strengthening our ability to deliver localized support and tailored
solutions,” said Ilia Iarovitcyn, CEO of Spotware.
According
to the press release sent to FinanceMagnates.com, the Kuala Lumpur office
will provide client engagement, training, and technical support services to
help Asian financial firms integrate cTrader's platform.
New Office and New Commercial Director
Moreover, Michael
Quirk, who has previously worked for companies such as ForexVox, SquaredPro, X
Open Hub, and Saxo, has been appointed as Commercial Director to lead the new
office.
Michael Quirk, Commercial Director at Spotware
“The
Asian market holds immense potential and we are eager to contribute to its
growth by providing cutting-edge trading technology and localized
support,” Quirk said. “With cTrader, we aim to redefine the trading
landscape for CFD brokers and prop trading firms in the region.”
In the
past, he was also associated as Sales Director with ThinkLiquidity, a risk
management solution provider that expanded its operations to the UK.
Updates to cBroker and cTrader Platforms
Last week,
a trading platform provider announced
the release of cBroker v9.4, an update to its back-office system designed
for brokers. This new version brings several enhancements to improve platform
management, risk oversight, and operational performance.
A standout
feature is the symbol split tool, which enables brokers to manage stock splits
by closing and reopening positions in Book B. Plans are in place to expand this
capability to Book A in future updates. The “Split Symbol” wizard streamlines
what used to be manual processes, making stock split management simpler and
less time-consuming.
Trading
technology provider Spotware has opened a new office in Kuala Lumpur, Malaysia,
expanding its operations in the Asian financial markets. The developer of the
popular cTrader trading platforms has established a team focused on business
development, sales, and marketing to service brokers, proprietary trading
firms, and traders throughout the region.
Spotware Establishes
Malaysia Office in Asian Expansion
The
expansion comes as Malaysia continues to emerge as an attractive hub for retail
brokerage operations, positioned strategically near Singapore's established
financial center.
Ilia Iarovitcyn, CEO of Spotware
“By
establishing a strong presence in the Asian region, we're not only bringing our
cutting-edge cTrader technology closer to brokers, prop firms and traders but
also strengthening our ability to deliver localized support and tailored
solutions,” said Ilia Iarovitcyn, CEO of Spotware.
According
to the press release sent to FinanceMagnates.com, the Kuala Lumpur office
will provide client engagement, training, and technical support services to
help Asian financial firms integrate cTrader's platform.
New Office and New Commercial Director
Moreover, Michael
Quirk, who has previously worked for companies such as ForexVox, SquaredPro, X
Open Hub, and Saxo, has been appointed as Commercial Director to lead the new
office.
Michael Quirk, Commercial Director at Spotware
“The
Asian market holds immense potential and we are eager to contribute to its
growth by providing cutting-edge trading technology and localized
support,” Quirk said. “With cTrader, we aim to redefine the trading
landscape for CFD brokers and prop trading firms in the region.”
In the
past, he was also associated as Sales Director with ThinkLiquidity, a risk
management solution provider that expanded its operations to the UK.
Updates to cBroker and cTrader Platforms
Last week,
a trading platform provider announced
the release of cBroker v9.4, an update to its back-office system designed
for brokers. This new version brings several enhancements to improve platform
management, risk oversight, and operational performance.
A standout
feature is the symbol split tool, which enables brokers to manage stock splits
by closing and reopening positions in Book B. Plans are in place to expand this
capability to Book A in future updates. The “Split Symbol” wizard streamlines
what used to be manual processes, making stock split management simpler and
less time-consuming.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
iFOREX Adds Saudi and South Korean Equity CFDs as IPO Is Delayed
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
