Benefits of using the API trading technology
The API trading technology allows the trader to directly access the liquidity provider or the exchange without using a terminal. Application Programming Interface or API is an interface that allows software to interact with other software through a system of commands.
For latency forex arbitrage, the API trading allows your software to connect with a fast broker to get real-time pricing data.
Major liquidity providers in the European market:
✔ Lmax Exchnage;
✔ Gain Capital Futures;
✔ IQ Feed;
✔ Saxo Bank;
Major liquidity providers in the US market:
✔ CTS T4;
✔ Interactive Brokers;
Warning! Many exchanges require a monthly fee for using the API. The cost of using this type of connection depends on which exchanges you select to get quick quotes and what tools you need (currency pairs, indices, gold, cryptocurrency).
For example, quotes from CME exchange cost about 100 USD per month.
This electronic trading protocol for international real-time exchange of data feed for HFT Trading purpose...
Westernpips company is the market leader in arbitrage technology for low-latency traders. Since 2007, we have been working, improving and looking for new ways for algorithmic trading and making profit not only by the participants of our company, but also by our customers, partners and investors. Together with you, we have already come a long way and today our products and services are used all over the world and we are trusted by many large institutional traders because we work for the success of our clients and new achievements in high-frequency algorithmic trading and arbitrage in Forex, CFD`s, the market for futures and crypto currencies.