Appetite has grown among retail brokers for innovative trading platforms during the course of this year, resulting in many adaptations having been carried out by developers.
With competition among platforms now at a high, and newcomers achieving market share which had been previously dominated by MetaTrader 4, new features are abound, further demonstrated by Spotware Systems’ announcement today that it has increased its functionality so that brokers who offer its product suite to clients can now manage netted and hedged accounts within a single environment.
This comes after the platform received an extensive overhaul last month which was carried out in order that all trades were able to be displayed in a single interface.
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According to Ilya Holeu, Head of Sales at Spotware Systems, his firm has disproved the popular notion that cross-policy support within a single environment was unworkable: “Industry leaders had explicitly stated that this was too complex a proposition to be considered. But our solution has managed to be the first to deliver this hugely useful capability,” he explained in a commercial statement.
“Brokers who serve clients in disparate regulatory regions can now do so without the hassle or expense of managing two or more environments,” concluded Mr. Holeu.
Spotware Systems has confirmed that the changes will not affect interface or functionality, with the platforms retaining all execution capabilities and advanced features.
As the entire product suite is delivered as a Platform-as-a-Service, hedged and netted accounts can also be made available to users of cAlgo, Spotware’s algorithmic trading platform, the web and mobile versions of cTrader, and the upcoming mirror-trading platform, cMirror.