FIX or Financial Information Exchange is an electronic trading protocol that is recognized internationally. A number of financial players like banks, exchanges, broker leaders etc. came together to develop this protocol. It has been created particularly for the real time transfer of sizeable amounts of financial data between market contributors. As a leading trade communication protocol, FIX is essential to multiple trading and order management systems.
The FIX API of PayBito is based on the FIX protocol 4.4, which is fast, steady and very secure. It allows you to receive market information, connect to the exchange platform and also place orders by using your own trading software.
FIX API is the best way to transfer massive amounts of financial data that also in a very short time. The operators involved need to follow strict rules of engagement, streamlining the data interpretation on both ends. This makes FIX messages short and to the point.
As a trader you can run the algorithms on your computers instead if a commercial platform, maintaining safety of the information.
A possibility for traders to connect with a number of brokers at the same time using one customized interface/application in order to extend the chances of trading, as per their requirements.
It allows the traders to develop algorithms by using programming language or the required tools for customized solutions. The broker can use HashCash FIX API to make an easy connection of the tools with the market.
Crypto traders and corporations
Cryptccurrency exchange companies
Hedge funds and asset managers