Tape
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Stealth launch · Q3 2026

Read the tape.

The real-time operating layer for MT5 brokers. Sub-second streaming. Native Manager SDK. Every write command MT5 exposes.

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tapeops.app / market tape · connecting--:--:-- UTCConnecting…
Symbols streaming
0/12
Ticks this session
XAUUSD spread
Feed RTT
Most activelive session · started UTC
accumulating…
Tape — bid / ask
EURUSD
GBPUSD
USDJPY
AUDUSD
XAUUSD
XAGUSD
BTCUSD
ETHUSD
SPX500
NAS100
US30
USOIL

Public market feed shown. Client books never touch the public internet — by design.

YOU ↔ ENGINE · ms RTT · p95 ms · tick age s · CONNECTING
Measured from your browser to the production engine over the live socket.
Public feed, throttled to 1Hz per symbol. The production pump runs sub-100ms event-to-dashboard.
MEASURED · LIVE
Ticks on file
Ticks / second
Pipeline lag
Engine uptime
Counted, not claimed.
● Feature pillars

Seven pillars. One platform.

Engineered to replace MT5 Manager and Admin, not wrap them. Institutional grade from the first fill.

01

Real-time streaming

Native MT5 SDK pump feeds sub-100ms event-to-dashboard latency. Positions, accounts, prices, logs — every tick, every write, live.

02

Risk as a surface

One fact table at login·symbol·action grain. Every KPI on every page is SUM(measure) WHERE dimension — no per-page aggregation drift.

03

Automation engine

Visual canvas, 30+ triggers, 50+ conditions, write-action outputs. Model rules as graphs; the engine evaluates them per tick.

04

AI-powered operations

Ask TapeOps in natural language. Anomaly Narrator explains the weird. Rule Drafter turns prose into automation graphs.

05

Full Manager API access

Every MT5 Manager API write command, exposed. Close positions, freeze accounts, change groups, adjust balances — scripted or one-click.

06

Audit-ready logging

Every routing decision, every automated action, every override — logged with reproducible inputs. Built for the audit trail regulators open a file on.

07

Security by default

Encryption at rest + transit, role-based access, SSO-ready, SOC 2 path. Your data stays on your infrastructure — or ours.

● Positioning

The B-book is an underwriting business, not a revenue line.

Small, predictable premiums in exchange for tail risk. Managed by an underwriting standard (the classifier), a reinsurance program (the hedging engine), and the operational controls that keep the desk compounding through cycles — not blowing up on the first event.

Premium

The classifier

Three layers, running in parallel — pre-trade prior on signup, behavioral scoring per trade, graph-based meta-pattern detection weekly. The underwriting standard for which flow to internalize.

Claim

The hedging engine

Three modes — passive aggregation, dynamic ratio, flatten. The reinsurance program: scales with realized volatility, scheduled events, and the gamma of the client-stop distribution.

Reinsurance

Operational controls

Instrument eligibility, per-client caps by toxicity, pre-event flattening, aggregate currency limits, weekend reduction, session kill-switches. The limits that keep the business compounding through cycles.

Read the full framework
● Origin

Built by operators for operators.

TapeOps is built by Sovra GmbH — a team of brokerage, risk, and data operators in Switzerland who got tired of waiting for the back-office MT5 deserved.

Every dashboard we used had the same problem. Numbers minutes stale. Tools spread across five apps. Risk visible only after it had cost money. And a write path to MT5 that ran through a junior dealer on a spreadsheet.

So we built what we wanted ourselves — starting with our own desk.

Facts on file
Company
Sovra GmbH · Switzerland
First deployment
Live at a regulated MT5 broker
Stage
Stealth · early access
Focus
MT5 brokers at institutional scale
Contact
hello@tapeops.com

Start reading the tape.

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