Apifiny, a cross-media digital asset exchange network, today announced the launch of Apifiny Algo, an advanced C++ crypto trading library for high-frequency trading (HFT) and latency-sensitive traders .
The trading library is being rolled out with cryptocurrency exchange Okcoin as a flagship partner of Apifiny. Okcoin customers receive free subscriptions to Apifiny Algo’s high-performance quantitative trading modules.
Apifiny Algo offers modules for direct access to market data and order management, as well as a strategic framework for implementing algo trading, which significantly reduces coding efforts.
It also discusses several issues faced by quantitative traders, including coding effort, performance of existing libraries (Python vs C++), research capabilities, and implementing trading strategies.
Although implemented in C++, it allows traders to code trading strategies in both Python and JSON, providing flexibility and convenience without compromising performance. The rollout will be gradual, with more advanced features launching in the coming months.
“Since trading strategies are not one-size-fits-all, HFT traders need smart solutions that go way beyond the average trading bot. We have identified that most crypto trading libraries only handle accessing market data and placing orders, and we are happy to provide a solution to this problem. Apifiny Algo gives quantitative traders the framework and components to turn their research into PnL. Our product allows users to implement unique trading logics in a streamlined process, which is extremely important in today’s market. »
– Haohan Xu, CEO of Apifiny
Currently, Apifiny Algo offers a 30-day free trial for beta users. Okcoin users who have reached a certain trading volume threshold will be granted free access after the trial.