Execution Management System (EMS), also known as Order Management System (OEMS), is an application that provides rapid access to trading destinations for transacting orders. The EMS Trading API allows you to route orders (also advanced order types) to multiple cryptocurrency exchanges simultaneously using a simple, robust, and unified Application Programming Interface (API). The EMS Trading API stands out for its low-latency connections optimized for high-frequency trading and highest security.

Choosing between a business plan, and an enterprise plan depends on your specific needs, usage patterns, and business objectives. Here’s a guide to help you decide:

• Professional - suitable for small to medium-sized businesses that require more advanced features and managed accounts than in the free trial. If you require a moderate level of customer support and service reliability, choose the Professional plan.
• Enterprise - designed for large organizations with extensive data needs and specific requirements, such as tailor-made API endpoints, dedicated infrastructure, and premium support. When you choose the Enterprise plan, we are ready to prepare custom services tailored to your business.

Yes, you can change (upgrade or downgrade) your plan anytime. If you have a Free plan and want to change it to a Professional one, you can do it in the Customer Portal. If you cancel your Professional plan, you will automatically go back to a Free trial.

In turn, when the Professional plan is not enough for you and you want to upgrade to Enterprise, contact our experts to discuss your needs and choose custom features.

Both the Free and Professional plans have a certain number of managed accounts that you can integrate under a single API key. If you don't want to upgrade to a higher plan but would like to add extra exchange accounts, you can do so at the set rates in the pricing (Prices for usage above the quota of your plan). The more accounts you add, the lower the price per account per hour will be.

Smart Order Routing is an advanced trading mechanism that optimizes order execution across multiple venues instead of limiting trades to a single exchange.

Here's how it works:

• When you place an order through the EMS Trading API, the system automatically scans multiple trading venues to find the best available price.
• The routing decision is based on several key factors:
  • Liquidity depth across different markets
  • Order book activity in real-time
  • Trade fee structures at various venues
• SOR supports a variety of algorithmic order types to enhance execution strategy:
  • Iceberg orders (which reveal only portions of large orders)
  • VWAP (Volume-Weighted Average Price)
  • TWAP (Time-Weighted Average Price)
  • Volume participation algorithms

The specific execution strategy depends on which algorithmic order type is selected, with each algorithm requiring different input parameters to optimize performance.