Explaining Algo Trading & Trade API


Before you dive into the world of algo trading, it is important to know the mechanism of it. Here’s my attempt to simplify algo trading and explain our product Trade API along the way.

Algo trading, also known as algorithmic trading, is a method of executing orders in the financial markets by using computer programs that follow a set of predefined rules and instructions. Algo trading can help traders and investors automate their trading strategies, reduce human errors, optimise execution speed and efficiency, and exploit market opportunities.

One of the key components of algo trading is the trade API, which stands for an application programming interface. A trade API is a set of protocols and functions that allow different applications to communicate and exchange data with each other. For example, a trade API can link a trader’s account with a broker’s automated trading system, or a custom-built trading platform with a market data provider.

To know more, read our detailed blog here - https://www.samco.in/knowledge-center/articles/an-introduction-to-algo-trading-with-trade-api/