For the First Time in Egypt: "Younit" Algorithmic Trading Platform
Published
EFG Hermes has announced the launch of "Younit," the first platform in Egypt to offer application programming interfaces (APIs) for retail algorithmic trading. The platform is available through the EFG Hermes ONE application.
The platform provides individual traders, developers, and students with the tools, data, and technologies they need to automate their trading operations. This means that users can create programs that execute trades automatically, rather than executing them manually.
Algorithmic trading relies on programs that carry out buy and sell operations according to predefined rules and conditions. The launch of this platform aims to give individual users in the Egyptian market the opportunity to work with these technical tools.
The available information did not include additional details about fees or the method of subscribing to the platform.
Sources: التعمير
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