APIs for Everything
From the outset, the whole Digital Vega platform was designed around the concept of a service-based architecture. Just about every client, administrator, audit or user feature was developed with both a graphical user interface (GUI) and an API.
For clients that just wanted something easy to use with no set-up required, we built an intuitive web-based GUI.
For clients that required a deeper level of integration and control, we developed a broad range of APIs. Please see below.
All of our APIs are FIX based. If you require adapters for other connectivity or messaging technologies please let us know. We have built several custom adapters to simplify integration with a client’s environment.
Single Sign-on API
For partners that wish to offer their clients access to Digital Vega’s extensive FX Options pricing and liquidity as a seamless experience from within their own platform or system we have developed the ‘Single Sign-on’ API.
This FIX based API enables user credentials to be securely exchanged between the two platforms. Once the user has been authenticated on the in-house or 3rd party platform they are automatically connected to Digital Vega. They only need to log on once.
Market Data API
Digital Vega has gradually been building up a wealth of Implied Volatility data. This invaluable data is now available through FIX-based APIs. Clients can access either an aggregated Digital Vega Implied Volatility surface for a wide range of currency pairs in the ‘normalised’ Digital Vega format.
Alternatively, clients can access (under a bank specific license agreement) an Implied Volatility surface from a single bank again in the ‘normalised’ Digital Vega format. This allows clients to connect to one API and receive multiple sources of Implied Volatility data in a standard format.
Implied Volatility data can be requested as a one-time snap shot or as a continuous stream of data updates.
Both Aggregated and Single Bank API’s provide data in the ‘normalised’ Digital Vega format.
Please note to access single bank data requires a license agreement with the bank in question.
Please contact us for further information on available currency pairs and banks whose data can be accessed via Digital Vega.
We are working on adding Spot and Forward rates to our Market Data API. Please contact us or check this website for updates.
Trading API
For many clients the preference is to manage all trading activity from a single platform. Whether this is an in-house developed trading system, a private banking web portal for Dual Currency Deposits, a third party aggregator such as TradingScreen or another ECN such as Currenex or FXConnect we have the tools to do this.
The FIX-based trading API enables clients to do everything via the Trading API that can be done on the Digital Vega Trading GUI.
Order Management API
For many clients their orders or trading instructions are generated in other systems. Be they a ‘black box’ proprietary signal generating system or a third party OMS such as Charles River, there is often a need to automate the whole process.
In order to avoid manual rekeying of orders and to automate the whole end-to-end process we have developed the Order Management API. This FIX-based API provides clients with the ability to link their in-house systems and route orders for pricing and execution to the Digital Vega platform. The API allows complete control over how much of the order can be edited by execution traders. Filled orders are automatically transmitted to the client’s OMS through the same API.
Trade STP API
Whilst each of the Trading and Order Management API’s is a complete workflow API including ‘Execution Reports’ we have built a Trade-only STP API for both Buy Side and Sell Side clients. This FIX-based Trade STP API provides a real-time stream of completed orders or trades that can be used to feed separate risk management, custodian or reconciliation systems.