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What Is Application Programming Interface (API)

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An application programming interface (API) is software that is presented as a combination of various software codes that send instructions between two applications, which allows them to "talk" with each other.



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Who uses APIs?

APIs are usually used by two broker types:

  • App developers. A lot of entrepreneurs are developing their own automated trading systems and require data APIs provided to list prices and other traders.

  • Third-Party Applications. A vast number of traders and developers use third-party applications to access pricing data and trade places.

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