Netagio Exchange Launches API

By October 8, 2014Bitcoin Business
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Netagio Exchange Launches API
Netagio Exchange Launches API

United Kingdom-based gold, sterling, and bitcoin exchange Netagio announced Wednesday that they have launched their Application Programming Interface (API), which will go a long way to meet institutional demand.

For the layman, what does this mean?

Well, for starters, the API will allow institutional investors (these are the people that are trading massive volumes on behalf of other entities, in many cases) to program their Execution Management Systems (EMS) and Order Management Systems (OMS) in order to automate trading using Netagio’s exchange.

The company says, “The API will provide brokers/dealers with easier and faster electronic market connectivity, allowing both sophisticated and professional retail customers and institutional investors to trade 24 hours a day, seven days a week. ”

The API will allow investors to trade bitcoin and gold, cancel orders, view open orders, and much more, facilitating a fully-automated trading environment.

“Since launching the exchange in July this year, we have had active discussions with many institutional and professional investors. In this world of highly automated trading and in line with trends across other electronically tradable asset classes, it became immediately clear that by offering ease of integration via an API, this group of investors would be able to create their own trading strategies and benefit from fully programmable automated access to the Netagio exchange, using standards they recognize and that are compatible with their front end systems,” said Netagio CEO Simon Hamblin.

“By introducing our API and now offering the chance to create and fulfil automated trading opportunities, both experienced traders and institutional investors will be able to trade faster and take advantage of best price opportunities available in Bitcoin. We believe that our maker-take pricing model and now the availability of our API further cement our proposition as the leading venue on which to trade Bitcoin and will further attract liquidity, which offers greater trading opportunities for all our customers.”

For the layman, what does this mean?

Well, for starters, the API will allow institutional investors (these are the people that are trading massive volumes on behalf of other entities, in many cases) to program their Execution Management Systems (EMS) and Order Management Systems (OMS) in […]

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