Divisa to speed up algo links

Divisa Capital’s otcXchange is about to offer its platform participants more rapid connection to its range of order types. In the third quarter of this year Divisa will offer binary API capabilities which will enable external algos to connect with them more rapidly, advises Ryan Gagne, responsible for sales in the US for Divisa UK Ltd.

Divisa to speed up algo links

Divisa Capital’s otcXchange is about to offer its platform participants more rapid connection to its range of order types. In the third quarter of this year Divisa will offer binary API capabilities which will enable external algos to connect with them more rapidly, advises Ryan Gagne, responsible for sales in the US for Divisa UK Ltd.

“With the continuing growth and development of Divisa Capital’s otcXchange platform, participants will be able to connect via API and make use of a newly developed Binary code, ITCH and OUCH.” Divisa Capital’s otcXchange will continue to offer streaming rates via FIX 4.2 and order capabilities via FIX 4.4. The FIX 4.4 connection enables algorithmic traders to submit over thirty order types, among which are pegged, market, limit and market on close.