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Spotware Completes cTrader 5.0 on All Platforms with Major Updates to Algo

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Spotware Completes cTrader 5.0 on All Platforms with Major Updates to Algo
News

News

Spotware Completes cTrader 5.0 on All Platforms with Major Updates to Algo

2024-11-25 19:46 Last Updated At:19:52

LIMASSOL, Cyprus--(BUSINESS WIRE)--Nov 25, 2024--

Spotware has rolled out the highly anticipated cTrader 5.0, now available to all cTrader brokers and prop firms. The update for Windows, Web, and Mobile delivers a new level of trading experience, with enhanced UI personalization features and cutting-edge capabilities for algo trading. The new Algo app (formerly cTrader Automate) has revolutionized how algorithms are exported, shared, accessed, and executed.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241119186263/en/

cTrader 5.0 Revolutionizes Algo Trading

Spotware has introduced cTrader Cloud, a new service that enables traders to smoothly access algorithms across devices. Once synced, algos can be easily managed and used from any cTrader app, promoting user mobility and flexibility. Algo developers are assured that their intellectual property remains secure, as source code is never uploaded to Cloud.

With the incredible power of cloud execution, traders can now start cBots from any platform, including cTrader Mobile, enabling 24/7 algo trading without the need for local computing power—completely free of charge.

The cTrader Windows 5.0 update also allows users to export algos as securely encrypted files that can only be opened by a designated user. Algo files have become mobile-friendly and can be immediately launched by cTrader users without relying on desktop versions.

The cTrader Algo API has received many new features to empower algo developers. Now, other algorithms can manage cBots, and indicators are allowed to perform trading operations.

Plugins Level Up Platform Flexibility

As an extension of the Open Trading Platfom™ philosophy, Spotware has announced the addition of plugins to the algo family. This new algorithm type enables users to integrate third-party services into cTrader, ultimately enhancing the platform’s flexibility.

Plugins open the door for traders to customize various UI elements of cTrader, such as the chart area, Trade Watch, and many more. A selection of inspiring plugin samples is included in cTrader Windows to spark developers’ creativity. Trading businesses will find plugins particularly valuable, as they can effortlessly integrate custom solutions and tools for their clients (e.g., additional panels, new controls, AI-based assistants, etc.).

Advancements in IB Tools

cTrader’s suite for introducing brokers (IBs) has consistently distinguished itself in the market. With the 5.0 update, cTrader Windows has acquired the Invite toolset in broker-branded applications. This powerful kit enables partners to effectively attract new traders with appealing cTrader products, enhance referral conversion rates, and track their progress in real time.

The new cTrader Algo has streamlined the sharing of algorithms via Invite. This means that IBs can instantly share cBots, indicators, and plugins as links that attribute users, while existing invited traders automatically gain access to the partner’s algos shared in this manner.

Additionally, the new “Multiple Strategies” widget has been introduced in cTrader Web to support embedding a selection of strategies from any provider into a website. Upon clicking a strategy, site visitors will be attributed to the partner and will subsequently become referrals in the broker system.

UI/UX and Functionality Improvements

cTrader Mobile users can now fully utilize the flexibility of indicator placement within the chart area or in a separate panel below. Stream watchers in cTrader Web can view the positions and orders of the Chart Stream provider, facilitating quick order placement based on market insights.

"With the game-changing cTrader 5.0 update, we are proud to drive an algo-trading revolution," said Denis Kiselev, Head of Product at Spotware. "Aligned with our 'Mobile First' strategy, cTrader Cloud is the industry’s only solution enabling traders to manage and launch their bots directly from a mobile app. Cloud execution radically expands the mobility of algo trading, delivering device-independent, always-on, and groundbreaking experiences to all cTrader users."

About Spotware

Spotware is a global technology provider, successfully delivering cutting-edge fintech solutions and infrastructure for over 14 years. The company has cultivated a sophisticated network of 250+ brokers and prop firms, including notable names like IC Markets, Pepperstone, and FTMO. With a user base exceeding 4 million traders, cTrader, Spotware’s flagship platform, stands out for its unparalleled innovation, steadfast reliability, and top extensibility, providing premium experiences to all FX/CFD stakeholders.

Spotware has rolled out cTrader 5.0, now available to all cTrader brokers and prop firms. The update for Windows, Web, and Mobile delivers a new level of trading experience, with enhanced UI personalization features and cutting-edge capabilities for algo trading. Empower your traders with the most advanced tools in the market! (Graphic: Spotware)

Spotware has rolled out cTrader 5.0, now available to all cTrader brokers and prop firms. The update for Windows, Web, and Mobile delivers a new level of trading experience, with enhanced UI personalization features and cutting-edge capabilities for algo trading. Empower your traders with the most advanced tools in the market! (Graphic: Spotware)

Next Article

Should sex abuse evidence set the Menendez brothers free? A judge will decide.

2024-11-25 19:49 Last Updated At:19:51

LOS ANGELES (AP) — A judge will decide Monday whether new evidence warrants a re-examination of the convictions of Erik and Lyle Menendez in the shotgun murders of their parents in their Beverly Hills home more than 30 years ago.

The brothers were found guilty of murdering Jose and Kitty Menendez in 1989 and sentenced to life in prison without parole. While their defense attorneys argued at trial that they had been sexually abused by their father, prosecutors denied that and accused them of killing their parents for money. In the years that followed, they repeatedly appealed their convictions without success.

Now, at 53 and 56, Erik and Lyle Menendez are making a new bid for freedom. Their lawyers filed a habeas corpus petition — a request for a court to examine whether someone is being lawfully detained — in May 2023, asking a judge to consider new evidence of their father's sexual abuse. “Newly discovered evidence directly supports the defense presented at trial,” the petition said.

The recent releases of the Netflix drama “ Monsters: Lyle and Erik Menendez Story ” and the documentary “The Menendez Brothers" in 2024 brought renewed public attention to their plight. Members of the public will be given the opportunity to win a seat in the courtroom to catch a glimpse of the brothers, who will be appearing virtually.

Prosecutors recommended resentencing for the brothers last month, saying they have worked on redemption and rehabilitation and demonstrated good behavior inside prison.

Los Angeles District Attorney George Gascón held a news conference less than two weeks before Election Day, asking for new sentences of 50 years to life. This could make them immediately eligible for parole because they were less than 26 years old when they killed their parents.

Superior Court Judge Michael Jesic is scheduled to consider the resentencing request on Dec. 11, but on Monday, he'll first address the abuse evidence raised in the habeas petition. Immediate freedom is one possible result; the judge also might weigh in on the merits of the evidence. And if the brothers don’t get relief in court, they can hope California’s governor will grant them clemency.

The new evidence includes a letter Erik Menendez wrote in 1988 to his uncle Andy Cano, describing the sexual abuse he had endured from his father. The brothers asked their lawyers about it after it was mentioned in a 2015 Barbara Walters television special. The lawyers hadn't known of the letter and realized it had not been introduced at their trials, making it effectively new evidence that they say corroborates allegations that Erik was sexually abused by his father.

More new evidence emerged when Roy Rossello, a former member of the Latin pop group Menudo, recently came forward saying he had been drugged and raped by Jose Menendez, the boys’ father, when he was a teen in the 1980s. Menudo was signed under RCA Records, where Jose Menendez was chief operating officer.

Rossello spoke about his abuse in the Peacock docuseries “Menendez + Menudo: Boys Betrayed," and provided a signed declaration to the brothers’ lawyers.

Had these two pieces of evidence been available during the brothers' trial, prosecutors would not have been able to argue that there was no corroboration of sexual abuse, or that their father Jose Menendez was not the “kind of man that would” abuse children, the petition argues.

While clemency might be another pathway to freedom for the brothers, California Gov. Gavin Newsom said last week that he won't decide until incoming Los Angeles district attorney Nathan Hochman reviews the case. Hochman, a Republican-turned-Independent who unseated the progressive Gascón on Dec. 2, has said he wants to carefully look at the evidence before making any decisions.

FILE - Lyle, left, and Erik Menendez sit with defense attorney Leslie Abramson, right, in the Municipal Court in the Beverly Hills area of Los Angeles, during a hearing, Nov. 26, 1990. (AP Photo/Nick Ut, File)

FILE - Lyle, left, and Erik Menendez sit with defense attorney Leslie Abramson, right, in the Municipal Court in the Beverly Hills area of Los Angeles, during a hearing, Nov. 26, 1990. (AP Photo/Nick Ut, File)

FILE - This combination of two booking photos provided by the California Department of Corrections shows Erik Menendez, left, and Lyle Menendez. (California Dept. of Corrections via AP, File)

FILE - This combination of two booking photos provided by the California Department of Corrections shows Erik Menendez, left, and Lyle Menendez. (California Dept. of Corrections via AP, File)

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