We want to ensure that our API has a minimal effect on the marketplace. Investors who use bespoke bidding programs that use the API are bound by additional restrictions which regulate bidding frequency and accepted behaviour.
Funding Circle will ensure that the marketplace remains a fair and open place for both website users and API consumers and that no unfair advantage is given to either group.
In order to ensure those using the API are in line with other investors, we are restricting the users to three bids per minute.
We will also be reviewing API activity on a monthly basis to assess its impact on the marketplace and we will update the terms and conditions for users to reflect this, should the need arise.