LONDON, June 12, 2012 /CNW/ - Spotware Systems Ltd, a London based financial technology company providing NDD trading solutions, has announced a partnership with leading FX sub-prime broker, TopFX Ltd, to bring greater liquidity access to their financial services clients.
Brokers and banks offering the Spotware manual and algorithmic trading platforms, cTrader and cAlgo, now have the option of accessing a large scale aggregated feed from over 12 tier-1 banks through TopFX's deep liquidity access.
TopFX is the one of the latest additions to Spotware's list of partners, and further enhances their position as a leader in NDD (No Dealing Desk) manual and algorithmic trading.
Gabriel Styllas, CEO at TopFX, commented, "TopFX is delighted to have completed certification for integration with cTrader which will allow us to expand liquidity options for firms adopting the excellent Spotware solution. Our partnership makes it easy for those already using cTrader to source continuous, tight-spread liquidity, from eligible counterparties and at low margin requirements."
The agreement also allows clients of TopFX to incorporate the cTrader and cAlgo platforms into their service offering, as well as cTrader Web, the web-based version of Spotware's manual trading platform that can run from any desktop operating systems and any mobile devices. Launched in 2010 as a PaaS (Platform as a Service) solution, the Spotware platforms, including the browser-accessible cTrader Web, are part of a comprehensive turnkey solution for companies looking to offer no dealing desk market access to retail and institutional participants.
Andrey Pavlov, CEO, Spotware Systems, said, "We are happy to announce TopFX as a new partner. For our clients, this means instant ability to stream pricing from TopFX which aggregates liquidity from leading banks and liquidity providers. This cements cTrader as the first choice option for brokers looking for NDD eFX solutions to meet a growing demand from within the trader community, and helps them win new traders and new volumes."
About Spotware Systems Ltd
Spotware Systems is a London based neutral financial technology provider focusing on e-FX STP and direct-access trading, offering comprehensive solutions for brokers, banks and their clients.
Spotware System's team of over 60 highly qualified financial and technology experts provide an easily integrated PaaS (Platform as a Service) solution to broker-dealers, banks, and other financial services firms looking to implement and offer NDD eFX trading.
Registered address: 41 Lothbury, London EC2R 7HG. United Kingdom.
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Source: Spotware Systems Ltd