CoolTrade today announced the API integration between its popular robotic stock trading platform and the Interactive Brokers order fulfillment environment for trading of CoolTrade-generated orders on the Toronto Stock Exchange.
The direct connection between the CoolTrade platform and Interactive Brokers allows CoolTrade to optimize the company’s presence in Canada. The Toronto Stock Exchange (TSX) is the largest stock exchange in Canada and the eighth largest in the world based on market capitalizaton.
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The popularity of the CoolTrade software has increased significantly worldwide, as increasingly more investors rely less on professional fund managers and explore more self-directed, rules-based trading opportunities. CoolTrade CEO Ed Barsano said, “It’s amazing—so many of our newer subscribers who suffered fifty percent losses in their portfolios in recent years have contacted me to express how they wish they had been running a CoolTrade robotic trader at the time. It truly is the future of online trading.