ETNA Trading API reduces the complexity associated with online stock trading for robo-advisors and FinTech startups.
ETNA Trading API simplifies trade management for portfolio managers, robo-advisors and other FinTech firms. Configurable OMS API automates trade submissions, reporting, trade allocations and track order status, positions, and account balances. ETNA's Stock Trading API offers multi-asset trading functionality, including fractional shares trading and is seamlessly integrated.
Some of the functions are:
Automate Trading Operations
Monitors and manages trading activity in real time
Downloads SOD (start-of-day) files from the clearing firm
Receives orders and routes them to the appropriate execution venue
Tracks the progress of each order through its lifecycle
Calculates buying power, margin requirements and account balances of each account in real time
Manages trade allocations
Sends Drop Copies to all appropriate receivers
Uploads EOD (end-of-day) trade files to the clearing firm and reports to regulators