Trading API Solution

An interface that provides bidirectional interactive communication between a client application and the trading server. Via a WebSocket connection, API clients can send JSON-formatted messages to the trading server and receive event-driven responses.

Product Benefits

For more details regarding the product or
any of the features download the Whitepaper.

Key Features

Token secured communication

The communication between the client and the server goes over SSL (TLS 1.2 or higher). Establishing a connection requires API clients to provide a valid access token before any messages can be accepted for processing.
The clients are responsible to authenticate users on their side by requesting an access token from the Alaric Auth service. Alaric Authentication and Authorization Service utilizes the OpenId Connect and OAuth2 standards.

Multi-parameter order entries, modifications and cancellations

Multi-parameter requests with either success or error response messages that allow new orders to be sent to the trading server as well as subsequent modification and cancellation of existing orders.

Account-related data requesting functionality from the trading server

Built-in functionality that allows the client application to actively request data that is maintained by the trading server. Such data could be the current state of:

  • all or specific positions within a particular trading account;
  • all account balances;
  • all open orders;

This data can also be sent by the server without a specific request in case of an order-related event so that the client is informed about the latest state of a trading account.

Fully automated short sale functionality

Fully automated request-response model that allows streamlined short selling process with no manual intervention. The client application is able to poll the trading server for the number of shares available for borrowing (peek locate), reserve a block of shares to be sold short (reserve) or inquire about the number of shares currently being reserved (peek reserve) for a particular account.

Shares reserved are available for one or more short sale transactions for a short period of time or until being unreserved by the client.

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