Stock Update (NYSE:FXCM): FXCM Inc Announces Latest Enhancements to its API Technology Solutions

FXCM Inc (NYSE:FXCM) announces its latest enhancements to its API technology services.

FXCM’s global success is rooted in consistent innovation around execution and technological capabilities – catering to thousands of live API accounts and continuously nurturing institutional third party partnerships.

API Technology Solutions Suite

  • Algorithmic Traders

Marketscope Indicore is ideal for the most common API needs, built specifically for algorithmic trading. It is used best for back testing and strategy optimization when building a customized trading strategy.

Clients have access to prebuilt open source strategies (15) and indicators (53), free data on more than 80 instruments across 40 months of data as well as a full range of order types, including market, limit and stop-limit orders.

  • Technology and Cloud Providers

Need to implement rates and account information and the ability to send or modify orders? FXCM offers ForexConnect andJava for a higher level of technology. FXCM’s APIs for technology and cloud providers give traders low-bandwidth, pulling architecture, with no account minimums, a full range of trading orders, and access to historical forex and CFD data.

ForexConnect is the most robust API offered by FXCM — giving traders the capabilities of its Trading Station GUI in addition to providing enhanced functionality. Supporting multiple languages C, C++, C#, Java, Visual Basic, and platforms in Windows, Linux, iOS and Android.

With FXCM Java API, developers can create a client or server-side application. Java is a scalable, light and robust API based on the FIX specification for forex and customized for trading.

  • Institutional Traders

Are you a money manager? Have your own brokerage? Or simply you’re a high-frequency trader?  FXCM’s fastest and most popular option, FIX API, is a messaging standard designed for real-time, global trading transactions.

Institutional traders can get the most advanced interface with the largest amount of pricing data per second, market depth, and EMF messaging making it possible to receive fast trade confirmation. An FXCM account with a $25,000 minimum balance is required. (Original Source)

Shares of FXCM closed yesterday at $8.89, down $0.01 or -0.11%. FXCM has a 1-year high of $24.77 and a 1-year low of $5.26. The stock’s 50-day moving average is $9.51 and its 200-day moving average is $10.19.

FXCM, Inc. engages in the provision of foreign exchange trading and related services to active retail accounts globally. It focuses on trading activities with counterparties which include brokers and dealers, futures commission merchants, banks, and other financial institutions. 


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