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Distinguishing API trading and non-trading requests


Guest Benjamin

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Guest Benjamin

Which API requests are trading requests, and which are non-trading requests? This is important given that the limits are different for each.

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Guest JohannesE

Hi ,

 

I hope you are doing well.

 

The following requests are considered trading requests:

- placing an order

- placing a trade

- amending a position (edit stops / limits)

- closing positions

 

All othe requests are considered non-trading requests. 

 

You might also be interested to know that the REST API has different limits as the Streaming API.

With REST you can obtain information about multiple EPICs but only use one request, e.g. you could with only one request update your watchlist with various EPICs in it. The streaming API has a limit of 40 concurrent price streams.

 

I'll speak with my colleagues in our IT department and see if we can get add the information about trading request to the FAQ on our API Labs webpage.

 

Please let me know if there are any other outstanding questions.

 

Johannes

 

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Guest Benjamin

 Thanks for your reply.

 

I'm glad I asked, in that case. I noticed after posting that the REST IG API Companion says "Trading" before the Positions and Working Orders sections in the menu on the left and assumed requests under these headdings were considered trading requests. However, trade confirmation, listing positions and perhaps a few other requests in these sections don't seem to fall into your list. Are you sure these are not also considered trading requests?

 

It would be very useful if the REST API reference specifically clarified this for each request.

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Guest JohannesE

Hi ,

 

sorry for the late reply. I double-checked this for you with our IT department and can confirm that only the creation/amendment of positions and working orders are considered trading requests. Therefore trade confirmations or listing positions do not fall into the category of trading requests. 

 

I hope this answers your question.

 

If there is anything else we can work on together, please let me know.

 

Johannes

 

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