At its very core, it was designed to transfer huge amounts of information at high frequency.Moreover, it benefits from being specifically built for the financial industry. The main advantage of the FIX API is how light and fast it is. This means that it is built on foundations that all financial traders will be familiar with.Finally, it is industry-unified, which means setting up a connection is fast and easy.Since the FIX API is designed to work anonymously, traders who use a proprietary system can make full use of it without any risks that https://www.bdsjfm.com/product/valve/foot-valve/ Foot Valves Manufacturers their strategy might become public.Reason for using FIX API Limitations of intermediary application Lower latency Improved fill rates Larger range of order types Customisations to suit the traders need Anonymity of client’s automated systems For experienced programmers. The FIX API will be ready to use for traders in no time. In general, anything that the intermediary application/software provides, FIX API will offer the same functionality. Clients can submit orders, modify/cancel/set orders and receive notification of trading activities.Why use FIX APIFIX API connection offers real-time rate feed and provides the client with complete control over receiving and sending data without the use of an intermediary application or software.

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