Why should capital market firms adopt API technologies?
API technologies are increasingly popular for data-sharing across platforms and fields. They let companies access third-party assets without merging ecosystems. This led to the 'API economy,' where businesses use other applications' functionalities (e.g., user authentication, payment processing, and social media sharing) to enhance their offerings and improve bottom lines. API utilization in capital market technology is in its infancy. Stock trading APIs are gaining popularity with brokers, traders, and market establishments. Can API adoption benefit capital market firms and foster equitable trading culture? This article discusses the impact of API technology on capital markets and factors for choosing the right API.