IKON's API systems are in use to connect to several liquidity providers. The tool has been designed for diverse implementation needs.
Java (Socket Based) and Financial Information Exchange (FIX) based integration options are available to better interact with various systems.
In order to apply for an API system, it is expected that the client has a basic IT know how or that the client can get the service of an integration company.
It is easy to apply for an IKON API, please fill the following enquiry form and our friendly API Specialist will get back to you within 24 hours.
Information should be sent to email@example.com.
Clients need to fill an NDA and they should be explained that we require 200 million + USD notional monthly volume or we do charge up to 7000 USD for the use of API service.
IKON offers two superior solutions for direct API Trading. FIX API or Java Socket Based API solutions exceed industry standards.
IKON uses a FIX server with a custom message processor in order to distribute prices and receive FX trades as well as Spot Bullion Trades. It is a high speed system providing traders 24 hour access to streaming executable prices.
The Financial Information Exchange (FIX) protocol is a technical specification for electronic communication of financial data that is a globally accepted standard of messaging specifications. For more information and supporting materials on the FIX protocol, please refer to the FPL website, http://www.fixprotocol.org.
The socket based API is a messaging policy system for developing server side communication applications for automatic order execution and streaming price feed. The system does not force developers to use any kind of third party dll or compiled code. Any environment that allows socket connection and send XML messages over it, is able to interact with the IKON Group servers. So the architecture is independent from the type of the operating system, networking structure, programming language that the client applications are using.
In this API, for every single message sent from the client to the server, there is a two phase response structure. The client is informed initially by the reach of the message to the server immediately. The result of the operation is sent with the second response message.
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