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Xignite Announces Next Generation Cloud-Based Forex and Gold Prices APIs

Market Data Used to Power Mobile Apps and Web Sites in the Cloud

Xignite Inc., the leading provider of market data cloud services, announced two next generation cloud application programming interfaces (APIs) XigniteGlobalMetals and XigniteGlobalCurrencies. The new web services provide real time and historical data for forex, precious metals and gold prices. These new APIs provide greater accuracy, coverage and liquidity, increased update frequency and better performance scalability by serving the data from the Amazon Web Services cloud.

The XigniteGlobalMetals API provides real time and historical rates for metals, including gold, silver, palladium, platinum and other base metals. Developers, metals brokers, mining and refinery operations, retail jewellers and pawnbrokers use the data to develop mobile apps and widgets that allow consumers to check gold prices, purchase and sell coins, bullion or scrap metal online, calculate gold prices in store, populate internal pricing tools and more.By delivering the data as an API, it dramatically reduces the time to market and eliminates the pains and complexity of legacy feeds.

NTR Metals, one of the world’s largest precious metals refining companies, uses the XigniteGlobalMetals API to display spot metals and gold prices and historical charts on its website. “We have integrated the Xignite market data into every facet of our business,” said Paul Eaklor, Director of Software Engineering at NTR Metals. “We show real time metals prices on our website and enable our customers to lock in spot metals and gold prices for their scrap metal sales - all based on the Xignite data.”

The XigniteGlobalCurrencies forex API provides real time and historical foreign exchange rates for more than 170 currencies. The web service enables forex brokers, companies with global ecommerce sites, developers, coin shops, and forex traders to integrate the forex data into apps and widgets that convert foreign exchange rates for travel, localize foreign exchange rates for online stores, update foreign exchange rates in ERP software, facilitate forex trading and more.

“We have become the de-facto market data standard in the forex and precious metal markets as hundreds of firms use our APIs to power their business today,“ says Stephane Dubois, Xignite’s Founder and CEO. ”Our new cloud-based forex and precious metals APIs completely reset the standard in the industry by providing better data and increased performance to our customers. As more of our customers now run their own apps in the cloud, it makes both business and technical sense for them to obtain their mission critical market data from the cloud.”