Crypto trading bot with 100% web server but there is liability risk

(Last Updated On: May 21, 2020)
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As I am looking into using REST protocol, it has dawned on me that I can host all the programming/business/trading logic on my own server. The danger is if I host the trading execution component for any customer set of live trading orders, this can be be a huge liability against me if the your broker/exchange credentials get breached by a hacker. As a result, I am looking at ensuring that customers download special software to handle the order execution part on their own desktops. This will remove that liability against me. If I also host any of this, it gives reason that pesky regulators to force me to register or adhere to some sort of enforcement.

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All other logic can reside on my server if need be. The other issues is you may get some lawsuit happy customer who could still file a lawsuit against me if it is perceived the software does not work at all. Also, I am looking at ensuring the basic trading logic driven by the configurable INI file executable is downloaded as well.

Please let me know you opinion on this ASAP as I design this thing.

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
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About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs