Algorithmic trading via iextrading?

Discussion in 'Automated Trading' started by jabowery, Mar 14, 2021.

  1. jabowery

    jabowery

    https://iextrading.com/ obviously offers trading services but when I look for an API, I keep getting shunted off to the data feed APIs. No order API is anywhere in sight. Am I missing something?
     
  2. ZBZB

    ZBZB

    They are not a broker.
     
    guru likes this.
  3. jabowery

    jabowery

    Then what does this quote from their website mean?


    The new standard for liquidity.
    IEX is known for its deep midpoint liquidity that allows investors to trade in size without moving the price. IEX executes the majority of its volume at the midpoint – a far higher percentage than any other exchange.
     
  4. guru

    guru


    This doesn't mean they're a broker. You still need a broker to trade.
     
  5. They are an exchange, not a broker. Your broker has the option of routing trades thru IEX for actual execution.
     
    jabowery likes this.
  6. guru

    guru


    And why would you tell him that? :)
    (if he can't figure out this much then what chances of survival does he have)
     
    Last edited: Mar 14, 2021
    DiceAreCast and ValeryN like this.
  7. jabowery

    jabowery

    I wonder how many people die because they are too ashamed of their ignorance to ask ignorant questions?

    But then, I suppose you think you're doing Darwin's Work, right?
     
    DiceAreCast and Lou Friedman like this.
  8. guru

    guru


    It's not the question, it's the answer. One that doesn't help you think on your own. This can be more dangerous than asking ignorant questions because you'll keep asking them.
     
    Last edited: Mar 14, 2021
  9. jabowery

    jabowery

    You certainly must have observed the fact that the trading world is becoming a lot more fluid and the services offered by the players are increasingly overlapping.

    So here's another ignorant question:

    Are there exchanges that offer trading APIs to those possessing seats?