We also have a fairly active discussion going on over at https://www.reddit.com/r/BitcoinMarkets/comments/3bx16q/coinadocom_announces_algorithmic_arbitrage_and/ but I am happy to discuss topics on here as well.

Yes, our affiliate program is being finalized this month and will have details posted on our wiki.

For now the referral codes identify a user without their user name, so that if you refer someone to us they can share that code, and it will be counted in our final affiliate program.

Our current version of the affiliate program is case by case so you would have to contact us directly and we can offer a small discount code that you can give out to link back to you as the affiliate.

Mercury Digital Partners announces algorithmic trading services through Coinado.com

By Aaron Zirker
Thursday July 02, 2015

New York, NY – Mercury Digital Partners Inc, a leading automated trading solution provider in digital currency, is proud to announce its first live trading and management service at Coinado.com. Coinado now provides algorithmic trade services on Bitfinex, Kraken, Bitstamp, and Btc-e. More exchanges are planned to be supported in the future.

Coinado.com will provide first class managed accounts at the top bitcoin exchanges in the world through its proprietary trading strategies. Accounts at bitcoin exchanges are owned entirely by the client, and permission to trade inside these accounts is granted to Coinado.com via API keys that allow for trade but not withdrawal or deposit. Coinado provides a full user interface to securely track returns, see daily balances, manage fund allocations, and pay fees associated with the service.

Coinado.com’s management strategy is algorithmic statistical arbitrage. An elaboration on its strategy can be found on Coinado.com /FAQ. In short Coinado requires two or more digital currency exchange accounts connected to its central server, and will book market neutral trades on behalf of the client in order to profit off of market volatility. Coinado operates as software as a service, and requires its clients to pay monthly invoices resulting from fees due to trades booked and only takes a percentage when a client's monthly performance is profitable. Coindado does not take bitcoin’s change in value as its own performance.All of these services are provided while our system provides highest in class latency to the major exchanges due to proprietary hardware and colocation with Level 3 internet (5-8ms on average).

About Mercury Digital Partners-   

Mercury Digital Partners is a leading group of traders and programmers dedicated to providing algorithmic trading solutions as software to any size digital currency investor who wishes to maintain 100% custody of their digital currency.

Mercury Digital Partners is run by CEO Aaron Zirker, a digital currency trader since 2011 who has profitably arbitraged multiple millions of BTC/USD through automated systems. The Mercury team is filled with industry professionals from leaders in traditional banking and foreign currency trading as well as experienced programmers from the digital trading world. For bios and more information please visit Mercurydigitalpartners.com. News and upcoming events such as Aaron's speaking role at Inside Bitcoin Chicago 2015 can be found on the home page of https://coinado.com.

Contact-
Aaron Zirker, CEO
40 Wall Street, 28th floor
New York, NY, 10005
Office: 347-994-0329
aaron@mercurydigitalpartners.com

Reading through the older posts i see this issue may have been mentioned though not via API, let me know if this is a know issue already.

Could we get some clarification on the error message 'EGeneral:Permission denied' when attempting to place an API buy or sell order. We have all permissions set correctly for this operation on the API key, yet find some accounts will allow trading and some receive this error message with the same API key permissions.

We found this message on cryptotrader.com from kraken support regarding this topic but it does not exactly answer our question.

link to reference below:  https://cryptotrader.org/topics/199880/kraken-released

"What is interesting about this "Permission denied" issue is that it only affects users from German who are running bots that use Market Order functionality. Below is a response from Kraken support regarding this issue received by one of our users:

Hello,

Germany has regulations dictating that users must have known prices, this means that for German users at this point we cannot offer trade orders where the user isn't specifying the price. We can offer the other order types eventually, but we need special licensing for it in Germany.

I don't have a ETA today on when we will be able to offer our full services in Germany, it's the only exception in EU.
I'm going to pass your feedback to our development team. I invite you to discuss our services here: https://bitcointalk....pic=290799.1720, you will find a lot of information in this thread.

I'm sorry for the inconvenience caused by our restrictions for your country. I hope you enjoy trading on Kraken even though it's restricted at this point.

Best,

Jordan
Kraken Support"


So we are not German IP or users, and run limit orders for our api orders, what am i missing here for the error?

Thanks-

Coinado Team