IEX Launches API
The API includes top order book quotes, trading volume information, and other metrics.
IEX API 1.0 will provide any individual or institution access to IEX market data with near real-time quotes so they can develop applications requiring stock market information.
Brad Katsuyama, co-founder and CEO of IEX Group, said the API allows IEX to provide transparent information to its members at no charge compared to legacy exchanges that charge thousands of dollars for the same kind of data.
“The role of an exchange is simple: Members send orders to exchanges and exchanges match orders
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