Netagio Launching Its Trading API Essay Example
Netagio Launching Its Trading API Essay Example

Netagio Launching Its Trading API Essay Example

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  • Pages: 2 (524 words)
  • Published: July 10, 2018
  • Type: Case Study
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Netagio has announced the launch of its Application Programming Interface (API). Netagio is the first British exchange for Bitcoin, gold, and Sterling.

Institutional investors have the ability to code their Execution Management Systems (EMS) and Order Management Systems (OMS) to completely automate their trading on the exchange.

The API will offer brokers/dealers a more convenient and expedited electronic market connectivity, enabling both advanced and professional retail customers and institutional investors to engage in trading at any time of the day, throughout the week.

The Netagio API allows users to trade Bitcoins for GBP or gold and provides functionality to view open orders, cancel orders, and access Netagio's order book in a continuous and fully automated manner.

It enables the provision of real-time depth of book price quotations and market data, automation of trade executions, and generation of order and trade confirmations.

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Additionally, the API will provide investors with the ability to engage in more frequent trading and handle larger order sizes, thereby creating new trading possibilities that were previously unavailable.

According to Simon Hamblin, CEO of Netagio, there have been ongoing discussions with numerous institutional and professional investors since the exchange's launch in July.

The introduction of an API allows investors in the trading world to easily integrate their own trading strategies and access the Netagio exchange. By offering programmable and automated access that is compatible with their existing systems, both experienced traders and institutional investors can take advantage of best price opportunities in Bitcoin.

Netagio, as the first and only British exchange, believes that its maker-take pricing model and the recent addition of its API strengthen its position as the top venue for Bitcoin trading. This will also help attrac

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liquidity, thus providing more trading opportunities for all customers. Netagio offers a unique peer-to-peer exchange platform where retail customers and institutional investors can trade gold, Bitcoins, and GBP.

Customers from 114 countries worldwide can now trade Bitcoins and/or gold with EUR/USD/GBP on the exchange, expanding on their initial offering of a straightforward buying and selling platform.

Through a collaboration with WalPay, customers receive banking services backed by European banking connections through partners who are authorized and regulated in accordance with the European Payment Services Directive (2007/64/EC).

Users will soon have the option to fund their Netagio trading accounts with both Visa and MasterCard credit and debit cards through WalPays' PCI compliant gateway.

Built in Britain, Netagio is designed for both domestic and international customers. It caters to retail customers and institutional investors who have a desire for opportunity. To attract liquidity, the platform introduces a maker-taker fee model, rewarding liquidity providers. Netagio operates with the highest regulatory and compliance standards, ensuring continued growth.

Netagio ensures top-tier security for both digital and gold storage. In January 2014, they unveiled the pioneering offline security vault, which follows the gold standard for safekeeping digital assets. Plus, their highly-secure vault in Switzerland houses all gold assets.

Netagio, established in 2013, was founded by a management team that possesses extensive experience in the finance, security, commodity trading, and precious metals industry.

Netagio holds the position of a founding member in the UK Digital Currency Association.

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