TradeStation today announced it is offering crypto traders, investors, institutions and third parties access to trading crypto via a financial information exchange (FIX API) protocol through TradeStation Crypto, Inc.
The FIX API protocol standard is designed for trading financial markets in real-time and at high speed. TradeStation Crypto, a subsidiary of TradeStation Group, Inc., offers its customers direct and full integration to the FIX API for accessing aggregated liquidity with intelligent order routing designed to seek the best pricing available from connected liquidity sources and fast execution.
James Putra, Vice President of Product Strategy at TradeStation Crypto, comments:
“TradeStation is proud to offer its customers advanced crypto technology through our API suite, which now includes the FIX API.
The FIX API features the importance we place on giving customers alternative ways to obtain market data and execute their trades. We see this as a significant milestone for institutional adoption, opening the door for traditional market participants to access this emerging asset class for trading.”
The FIX API for TradeStation Crypto customers offers:
- Full access to crypto order execution and real-time market data when connecting via the TradeStation Crypto FIX API;
- Customer service support for onboarding, integration, and testing, as well as ongoing product support;
- Access to aggregated liquidity and intelligent order routing algorithm designed to provide the best available prices from connected liquidity sources;
- The ability to transfer large amounts of data as quickly as possible.
Let’s recall that in December 2021, TradeStation Crypto introduced Crypto IRA. Customers of the broker can now own cryptocurrency as an alternative investment in a Self-Directed Individual Retirement Arrangement (IRA). With a Self-Directed IRA, customers can decide to buy cryptocurrency to further diversify their retirement assets maintained in their IRAs.