Trading API access
Basically the post title, but here’s the context.
Every time this topic comes up, the answer usually lands on “Canadian regulations don’t allow programmatic access for retail traders.” Lately though, I’ve been seeing posts and articles saying that rule only applies to Canadian securities, and that US securities aren’t covered by it. On top of that, I’ve noticed a few other Canadian brokers already offer API access for placing trades on US securities, like Webull and IBKR Canada, or through Snaptrade in Wealthsimple’s case.
So I wanted to check in with the Questrade product team again on where they stand. Are there any plans to open up trading through the API, or to support it via Snaptrade?
I realize the number of people who’d actually use this is small, and I know how Questrade tends to move when it comes to shipping new functionality. But I figured it was worth asking because the API team recently reached out to people who use the APIs and had a conversation about what’s working, what the pain points are, and so on. That makes me think the whole API product might be getting a revamp. Otherwise, why bother gathering feedback on something so few people use? They did not even spend time on the API documentation which hasn’t been touched in ages and is badly out of date at this point.
Bottom line, How does the pipeline look for API product? Is there going to be any revamps??
Thank you in advance