Async & Promisesmedium

Handling Asynchronous Data in a Trading Application

What strategies would you use to manage asynchronous data retrieval from multiple APIs in a financial trading application?

Asked at Zero

#async#data#trading

Answer

  1. Use Promises and Async/Await for better readability and error handling.
  2. Implement a centralized data fetching service to handle all API calls.
  3. Utilize throttling and debouncing techniques for performance optimization.
  4. Cache responses where appropriate to reduce unnecessary API calls.
  5. Utilize WebSockets for real-time data updates, especially for market prices.

Source: oneZero | Trading Technology for Multi-Asset Class Execution, Distribution and Analytics - https://www.onezero.com/

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