MEXC Targets Quant Traders With New RealStocks API
Quantitative traders using MEXC's RealStocks received a tool that lets them automate trading and develop customised strategies for US equities. The platform has just released an API for buying US equities with USDT.
The platform follows the broader trend of a multi-asset approach where cryptocurrency exchanges provide access to products that used to be a speciality of Wall Street.
What's So Real about RealStocks
RealStocks lets investors invest directly in equities and receive all the benefits of direct stock ownership, including full shareholding rights and dividend entitlements.
Trading takes place through MEXC's interface, while the regulated broker Atomic Vaults Securities (AVS) processes the transactions.
According to the company's announcement, the RealStocks API is designed mainly for quantitative traders who want to automate trading and build customised strategies.
The platform does not charge a fee for RealStocks usage; however, SEC transaction fees, FINRA activity fees, and clearing and exchange costs may still apply.
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