Ironbeam Introduces Advanced WebSocket Streaming Feature in REST API to Enhance Futures Trading
Date – 16-Aug-2024
Ironbeam, a CME Group clearing member, is excited to unveil a new WebSocket streaming feature within its REST API, aimed at revolutionizing futures trading with real-time data access. This enhancement is set to significantly boost trading speed and efficiency.
Known for its leadership in futures brokerage and technology, Ironbeam continues to integrate cutting-edge solutions to meet traders’ evolving needs. The updated API allows users to receive live data effortlessly through an intuitive REST interface, eliminating the need for repetitive server polling. This advancement ensures quicker and more reliable market access, empowering traders to make faster, well-informed decisions.
“The launch of WebSocket streaming in our API underscores our commitment to delivering the most advanced trading tools available,” said Omid Farr, CEO of Ironbeam. “This technology not only enhances user experience with instant data access but also supports our mission to create a more dynamic trading environment.”
Key benefits of the new WebSocket streaming feature include:
- Real-Time Data: Instant updates on price quotes, market depth, and other trading metrics.
- Reduced Latency: Accelerated data delivery to minimize the delay between market conditions and trader responses.
- Efficiency: Lower bandwidth usage compared to traditional polling, offering a smoother and more cost-effective trading experience.
- User-Friendly: Seamless integration into existing trading platforms with minimal adjustments.
The Ironbeam API with WebSocket functionality is now available, setting a new benchmark for responsiveness and performance in the futures trading industry.