by rajesh » Mon Oct 27, 2014 4:44 am
DEFINITION OF 'APPLICATION PROGRAMMING INTERFACE - API'
An interface or "go-between" that enables a software program to interact with other software. In the context of forex trading, an API refers to the interface or platform that enables your platform to connect with the market. APIs have multiple features that facilitate information sharing, including real-time forex price quotations, trade execution and order and trade confirmations.