Recommended for you

Start writing a post

Technology

A Smart Trading 2019- FIX API

This FIX protocol has been developed specifically for commercial financial markets to transfer considerable amounts of data as quickly as possible.

Sharif Mohammad Ashik

Jan 28, 2019

129

Trading Robot- FIX API 2019-SGT Markets

It's no secret that FIX API is still a SUPER trading method for saving time and money both. Now I'm gonna show with you about the importance of FIX API and how it works. Here a quick example of a broker who providing FIX API MT4 trading opportunities.

So let's start...

It is currently used mainly by the vast majority of market participants to configure machine-to-machine communication and, in fact, is very standard in the forex space.

The main advantages of the FIX protocol are:

- It is a very light protocol, so it allows to transfer large quantities and a high frequency of information in a very short time.

- It was created specifically for the financial industry, so it has many specific characteristics of the industry that unite the participants, essentially with a standardized language with which we can all communicate.

- Allows operators with a proprietary system to maintain their anonymous strategy for anyone who may have access to their transactions.

- Because the protocol is unified throughout the industry, it does not take much time to configure a FIX API connection

With the FIX API protocol, operators can create patented negotiation systems, such as black box algos, which can receive much information from many different sources and make business decisions based on this information. Due to the aforementioned advantages of FIX API, it takes milliseconds to receive information, analyze it and place the order.

How will retailers benefit from access to the FIX API, what are the aspects of the offer that will benefit: execution/price/ etc.?

For the first time, retailers can obtain a FIX API without meeting the generally unattainable requirements of their agent. With FIX API, retail traders can be on the same level as institutional traders. They can create their own solutions that will receive data from one or many different brokers and can serve as a single commercial interface to place orders in several places.

It's true this will definitely increase the effectiveness of the trade, since, for example, it is not necessary to load the user interface of each platform separately and work with each of them individually.

Report this Content

This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.

Relationships

11 Signs You've Found The Ultimate Friend Group

They are the types of friends you have for life.

Western Washington University

2352

Photo by Elizeu Dias on Unsplash

If I have learned one thing in my lifetime, it is that friends are a privilege. No one is required to give you their company and yet there is some sort of shared connection that keeps you together. And from that friendship, you may even find yourself lucky enough to have a few more friends, thus forming a group. Here are just a few signs that prove your current friend group is the ultimate friend group.

Keep Reading...Show less

friends

Entertainment

8 Things All Siblings Know Too Well

As told by Ross and Monica Geller.

Clarion University

1745

FanPop

When it comes to television, there’s very few sets of on-screen siblings that a lot of us can relate to. Only those who have grown up with siblings knows what it feels like to fight, prank, and love a sibling. Ross and Monica Geller were definitely overbearing and overshared some things through the series of "Friends," but they captured perfectly what real siblings feel in real life. Some of their antics were funny, some were a little weird but all of them are completely relatable to brothers and sisters everywhere.

Keep Reading...Show less

ross and monica

Lifestyle

11 Types Of Sorority Girls

Who really makes up your chapter...

University of Connecticut

1684

Owl Eyes Magazine

College is a great place to meet people, especially through Greek life. If you look closely at sororities, you'll quickly see there are many different types of girls you will meet.

1. The Legacy.

Her sister was a member, her mom was a member, all of her aunts were members, and her grandma was a member. She has been waiting her whole life to wear these letters and cried hysterically on bid day. Although she can act entitled at times, you can bet she is one of the most enthusiastic sisters.

Keep Reading...Show less

sorority girls

Lifestyle

10 Reasons Why Life Is Better In The Summertime

Winter blues got you down? Summer is just around the corner!

Westfield State University

1458

coconut tree near shore within mountain range

Photo by Elizeu Dias on Unsplash

Every kid in college and/or high school dreams of summer the moment they walk through the door on the first day back in September. It becomes harder and harder to focus in classes and while doing assignments as the days get closer. The winter has been lagging, the days are short and dark, and no one is quite themselves due to lack of energy and sunlight. Let's face it: life is ten times better in the summertime.