TOTAL TRANSPARENCY ON TRANSACTION COSTS
The Ideal Impact API delivers institutional-grade transaction cost analysis with plug-and-play integration. As the first-ever analytics API using Pyth Network market data, Impact enables trading teams to measure the true cost of their trades. With instant calculation of market impact costs, traders have total transparency on what spreads they are actually paying — so they can make more informed trading decisions in future.
The Impact API is free to use with some limitations. Pro and Enterprise access is also available.
YOUR TRUE COSTS, REVEALED
With any given trade, liquidity providers and venues can vary in their execution quality. With Impact, now it’s easy to identify venues with high transaction costs — wide spreads, large markups — so you can better understand your profitability and optimize your trading decisions. Incognito mode protects the privacy of your data.
Anyone who has executed trades, regardless of whether they are retail or institutional players, can now access the same sophisticated analytics and insights used by the top high-frequency trading firms and banks.
Because Impact’s analytics are available via API, you can easily integrate these powerful insights into your preferred front-end solution.
Ideal provides public access to this service
Institutions and retail traders get the same answers on a level field
With incognito mode, users gain insights without storing their trade data
Market data is the backbone
Reference market data from Pyth Network
For Pro and Enterprise users, market data is also available for fixed income, FX, and beyond
we can help
With Pro and Enterprise access, you can understand historical trends and changes in costs
In standard mode, users store their data with Ideal enabling analytics upgrades
For users with streaming quote data, Ideal can provide sophisticated insights about latency and other KPIs