I think we should make an opensource trade lib as a reference implementation.
I just wanted to ask one question to all people here thinking about the exchange API standarization:Why don't use an existing standard like eg. FIX protocol?
http://en.wikipedia.org/wiki/Financial_Information_eXchange
Theoretically it alrady has everything that's required.
So what are the roadblocks? Are they technical or ideological? Maybe a software architecture mismatch? Is FIX simply too difficult? Or is FIX considered tainted for some reason?
Thanks in advance for any light you may shine on this question.
BitFloor has had a FIX gateway for months. I would link you to our docs but the server is offline because the data center lost power -> hosted in NYC
and the storm has done a serious number of the power situation.Should be back online soon.