RoboMarkets Debuts Trading API for R StocksTrader, Supporting Algorithmic Trading

RoboMarkets has announced updates to its R StocksTrader
platform, with changes designed to enhance the investment experience for
clients. Beginning on 2 September 2024, the platform will eliminate all order
placement fees.

This change means clients will no longer face high minimum
commissions for stock purchases. Instead, the costs of order execution will be
included in the market spread—the difference between the buying and selling
price. The markup on the spread will be capped at 0.3% of the value of stocks
and CFDs on stocks.

Expanding Stock List

In addition to removing order fees, RoboMarkets has expanded
its stock list significantly. The platform now includes over 150 new
instruments.

Among the newly added companies are Reddit Inc., a social
network and news website where users can share and rate content; Artiva
Biotherapeutics Inc., a biotechnology company specializing in cancer therapy;
Asana, Inc., a developer of a work management platform; and Y-mAbs
Therapeutics, Inc., a biopharmaceutical company focused on developing
antibodies for cancer treatment.

These additions allow clients to diversify their investment
portfolios with shares from a broad range of prominent companies.

Trading API Debuts

Furthermore, RoboMarkets is launching a new trading API on
the R StocksTrader platform. This API will enable clients to trade using
algorithms, connect applications, and create custom services.

It is designed for both retail and institutional traders and
supports trading in stocks, CFDs, currencies, and other instruments through a
single interface. The API facilitates the development and testing of trading
strategies on both real and demo accounts.

Meanwhile, RoboMarkets
has renewed its premium partnership with BMW M Motorsport
for the 2024-2025
DTM seasons, as reported by Finance
Magnates
. Having collaborated since 2019, this extension continues to boost
RoboMarkets’ brand visibility in the prominent German racing series.

RoboMarkets has announced updates to its R StocksTrader
platform, with changes designed to enhance the investment experience for
clients. Beginning on 2 September 2024, the platform will eliminate all order
placement fees.

This change means clients will no longer face high minimum
commissions for stock purchases. Instead, the costs of order execution will be
included in the market spread—the difference between the buying and selling
price. The markup on the spread will be capped at 0.3% of the value of stocks
and CFDs on stocks.

Expanding Stock List

In addition to removing order fees, RoboMarkets has expanded
its stock list significantly. The platform now includes over 150 new
instruments.

Among the newly added companies are Reddit Inc., a social
network and news website where users can share and rate content; Artiva
Biotherapeutics Inc., a biotechnology company specializing in cancer therapy;
Asana, Inc., a developer of a work management platform; and Y-mAbs
Therapeutics, Inc., a biopharmaceutical company focused on developing
antibodies for cancer treatment.

These additions allow clients to diversify their investment
portfolios with shares from a broad range of prominent companies.

Trading API Debuts

Furthermore, RoboMarkets is launching a new trading API on
the R StocksTrader platform. This API will enable clients to trade using
algorithms, connect applications, and create custom services.

It is designed for both retail and institutional traders and
supports trading in stocks, CFDs, currencies, and other instruments through a
single interface. The API facilitates the development and testing of trading
strategies on both real and demo accounts.

Meanwhile, RoboMarkets
has renewed its premium partnership with BMW M Motorsport
for the 2024-2025
DTM seasons, as reported by Finance
Magnates
. Having collaborated since 2019, this extension continues to boost
RoboMarkets’ brand visibility in the prominent German racing series.

This post is originally published on FINANCEMAGNATES.

  • Related Posts

    US Consumer Watchdog Tightens Oversight on Nonbank Payment Services

    The US consumer protection watchdog in the financial sector has tightened its oversight on nonbank firms offering digital payment services. Consumer Financial Protection Bureau (CFPB) has finalized a rule targeting…

    PayPal Restores Services After Two-Hour Global Outage Disrupting Crypto and Venmo

    Payments firm PayPal (PYPL.O) announced it had resolved a global outage that disrupted services for nearly two hours today (Thursday). The issue began at 1053 GMT. It affected multiple PayPal…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 22.11.2024

    • November 22, 2024
    Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 22.11.2024

    Gold prices rise, set for strong weekly gains on Russia-Ukraine jitters

    • November 22, 2024
    Gold prices rise, set for strong weekly gains on Russia-Ukraine jitters

    Asian FX muted as dollar remains at 1-yr high; yen steady as inflation rises

    • November 22, 2024
    Asian FX muted as dollar remains at 1-yr high; yen steady as inflation rises

    Oil heads for weekly gains on anxiety over intensifying Ukraine war

    • November 22, 2024
    Oil heads for weekly gains on anxiety over intensifying Ukraine war

    Oil prices rise, head for weekly gain on Russia-Ukraine tensions

    • November 22, 2024
    Oil prices rise, head for weekly gain on Russia-Ukraine tensions

    Oil rises as intensifying Ukraine war increases supply risk

    • November 22, 2024
    Oil rises as intensifying Ukraine war increases supply risk