This Spotware .Net sample code provides examples of using the Connect Open API while accessing the cTrader platform. This includes samples for; Google protocol buffers, bench, dump, munge and more. cTrader provides Forex platforms for traders that is developed by Spotware Systems.
Why is it that the most common questions people have about providing open APIs are often about monetization? While there are many possible answers, two reasons that stand out are: a) the API is a distribution channel, and when you think new distribution channel there is an expectation around revenue opportunities; and b) if you are the person in your company trying to define the business case for an API to the executive team, there is a big hurdle to overcome, because business executives tend to see an API as a cost center and want to know how to measure the pay-off.
Like many industries, Wall Street is being disrupted by the explosion in information processing technologies. Long established players are looking to leverage the skills of computer scientists and mathematicians by setting up algorithmic trading systems in hopes of gaining a competitive advantage.
Last month CIO Insight magazine published a piece by Edward Cone "Inside eBay's Innovation Machine", an interesting report on the importance of APIs and developer network to eBay's overall strategy. It's a worthwhile read, especially in terms of the scope of their program, how it's run, and where the money is.