API (Application Programming Interface)
API (Application Programming Interface) is a method of connecting websites or platforms, consisting of two main parties:
- Clients (Users) → The party sending the request
- Servers (Providers) → The party responding to the request
The API is responsible for automated processing and data exchange between both parties.
- The service provider defines the scope of accessible data.
- Users can write commands to request and use only the services authorized by the system.
- APIs are widely applied in software and application development, such as integrating with automated trading (Auto Trading) systems for investors.