Despite the fast-growing number of crypto-holders, the industry is fiercely competitive, and trading platforms are claimed to provide their clients with the best conditions.
What is the primary goal of such a platform? Cryptocurrency exchanges enable traders and investors to buy and sell digital assets easily. When a business owner is going to create cryptocurrency exchange, every component does matter. An order matching engine is among the core ones.
What is a matching engine in simple terms?
Business owners need to start with an understanding of what such a component means and which functions a matching engine performs.
OME (order matching engine) is a giant electronic system that collects all the orders placed by a trader (both bid and ask ones). The system matches bid and ask orders that correspond to each other by the price. As such, OME is responsible for trades.
A matching engine is based upon the algorithms looking for the correspondence between the bid and ask orders. Furthermore, those algorithms process limit orders, stop-limit orders, and other types available on a certain exchange.
OMEs are driven by different algorithms, but the FIFO (First In, First Out) algorithm is the most widespread solution for business owners who want to start a crypto exchange. When two identical orders are in the order book, the system processes the one placed earlier.
Key characteristics of a matching engine
The market offers different solutions; meanwhile, a business owner needs to compare available order matching engines to understand which option is ready to boost their exchanges. Take the following characteristics into account:
1. How many requests are fulfilled in one second? Reliable providers offer OMEs that process 10 000+ requests per second.
2. What is the minimum trade processing? High-level engines execute orders within 0.05 milliseconds, enabling traders to rely on diverse trading strategies.
3. Does a provider offer 24/7 support? Business owners may face a string of hurdles; this is why qualitative customer support sometimes plays a crucial role.
On the other hand, a business owner creating a crypto exchange may develop an OME on his (her) own; meanwhile, solutions suggested by reliable brands help newer entrants remain competitive in the industry.
B2Trader, a solution you are looking for
Crowds of business owners are not satisfied with a good matching engine, seeking the best one. B2Trader matches this definition exactly, as the engine processes 10 000 orders per second, starting with 0.05 milliseconds for a request. What is even more important – the solution is available in three different packages – choose features you truly need.
B2Broker, a company that released the OME, provides business owners with 24/7/365 technical support to solve any problems instantly.
What is the primary goal of such a platform? Cryptocurrency exchanges enable traders and investors to buy and sell digital assets easily. When a business owner is going to create cryptocurrency exchange, every component does matter. An order matching engine is among the core ones.
What is a matching engine in simple terms?
Business owners need to start with an understanding of what such a component means and which functions a matching engine performs.
OME (order matching engine) is a giant electronic system that collects all the orders placed by a trader (both bid and ask ones). The system matches bid and ask orders that correspond to each other by the price. As such, OME is responsible for trades.
A matching engine is based upon the algorithms looking for the correspondence between the bid and ask orders. Furthermore, those algorithms process limit orders, stop-limit orders, and other types available on a certain exchange.
OMEs are driven by different algorithms, but the FIFO (First In, First Out) algorithm is the most widespread solution for business owners who want to start a crypto exchange. When two identical orders are in the order book, the system processes the one placed earlier.
Key characteristics of a matching engine
The market offers different solutions; meanwhile, a business owner needs to compare available order matching engines to understand which option is ready to boost their exchanges. Take the following characteristics into account:
1. How many requests are fulfilled in one second? Reliable providers offer OMEs that process 10 000+ requests per second.
2. What is the minimum trade processing? High-level engines execute orders within 0.05 milliseconds, enabling traders to rely on diverse trading strategies.
3. Does a provider offer 24/7 support? Business owners may face a string of hurdles; this is why qualitative customer support sometimes plays a crucial role.
On the other hand, a business owner creating a crypto exchange may develop an OME on his (her) own; meanwhile, solutions suggested by reliable brands help newer entrants remain competitive in the industry.
B2Trader, a solution you are looking for
Crowds of business owners are not satisfied with a good matching engine, seeking the best one. B2Trader matches this definition exactly, as the engine processes 10 000 orders per second, starting with 0.05 milliseconds for a request. What is even more important – the solution is available in three different packages – choose features you truly need.
B2Broker, a company that released the OME, provides business owners with 24/7/365 technical support to solve any problems instantly.
Disclaimer: The text above is a press release that was not written by Finyear.com.
The issuer is solely responsible for the content of this announcement.
Avertissement : Le texte ci-dessus est un communiqué de presse qui n'a pas été rédigé par Finyear.com.
L'émetteur est seul responsable du contenu de cette annonce.
The issuer is solely responsible for the content of this announcement.
Avertissement : Le texte ci-dessus est un communiqué de presse qui n'a pas été rédigé par Finyear.com.
L'émetteur est seul responsable du contenu de cette annonce.