What are the advantages of the FIX API?
The main advantage of the FIX API is how light and fast it is. At its very core, it was designed to transfer huge amounts of information at high frequency.
Moreover, it benefits from being specifically built for the financial industry. This means that it is built on foundations that all financial traders will be familiar with.
Since the FIX API is designed to work anonymously, traders who use a proprietary system can make full use of it without any risks that their strategy might become public.
Finally, it is industry-unified, which means setting up a connection is fast and easy. The FIX API will be ready to use for traders in no time.