For developers using Solaris operating system and coding in Java the Bloomberg API offers this library. Solaris users should be aware that the Solaris libraries can only be used with the Bloomberg Server API and B-Pipe data feed products and are not compatible with the Desktop API. The Bloomberg API provides free, unrestricted access to raw financial data on current market trades (either real-time or delayed), reference data on historical information, and records of intraday trading. As part of their Open Market Data Initiative the library is offered under a "free-use" license, which allows unrestricted access of the interface's header files, documentation, and programming examples.
Algorithmic trading continues to gain popularity as alternative data becomes more accessible and new markets are developing. API trading can enhance efficiency and offer more flexibility to traders. This article introduces you to the FXCM API, developed with algorithmic trading in mind.
Just as online trading expanded the options available to traders, a similar industry shift has been playing out over the past few years as algorithmic trading has become more accessible. This article looks at FXCM's platform including its API that helps traders get started with algo trading.