Bitfinex Launches Data Feed Terminal

Digital asset trading platform Bitfinex has launched Bitfinex Terminal, a real time market data feed for algorithmic trading.

The new service, which is available via the open source protocol Dazaar, allows users to backtest trading ideas and execute trading strategies. Users can also sync and share trading data and trading signals, utilising Dazaar’s peer-to-peer network. These streaming data feeds can be cryptographically verified.

“Bitfinex Terminal has been developed to empower algorithmic traders,” says Paolo Ardoino, CTO at Bitfinex. “The delivery of this service over Dazaar’s peer-to-peer model enhances levels of scalability for a service that is free and open to all.”

James Banister, CEO at Market Synergy, which provides connectivity to Bitfinex, adds, “The provision of real-time market data is a natural evolution for Bitfinex as it continues to build a market leading institutional offering,” said. “I am sure this latest development will be welcomed by banks, brokers and hedge funds. It is a very positive step forward.”

The first set of data available on Bitfinex Terminal offers public trade data and is free to access through GitHub. The service, which is available to all but US and sanctioned persons who can download Dazaar. Dazaar Cards are cryptographic identifiers that facilitate access to the data streams.

Colin Lambert

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