Match! - Matching Engine for Exchanges

Match! Overview

A matching engine is the core central component of an electronic exchange, whether in traditional exchanges, or in crypto exchanges. It matches buy and sell orders and generates matching trades, typically using the traditional "Central Limit Order Book" model. Matching engines are also used in aggregation platforms for quote driven markets, where orders may be matched against one of many quoting market makers or liquidity providers.

Match! was built incrementally over more than a decade as we built out solutions for customers, from traditional exchanges, internal matching engines (dark pools) for brokers, crypto exchanges and finally quote driven markets. Our latest release now supports cross currency pricing/matching and market maker 'quote driven' matching on top of the existing rich functionality of the central limit order book solution.

Match! was always built with flexibility in mind and now supports multiple asset classes, order types, and trading rules. Built on our common trading framework, it also provides robust risk management and order handling capabilities (such as cancel on disconnect etc).

Match! was developed by industry experts with decades of experience building solutions for top exchanges worldwide. We understand that a complete solution requires so much more than just a matching engine - this is just the start of the conversation. We look forward to discussing your vision.

Connectivity options

Connectivity

Connectivity for FIX, REST, and connections from vendors such as CQG, Bloomberg, Intertrade (JP), Metatader and itiviti (Broadridge).

High Throughput

High Throughput for HFT clients

Current solutions are processing between 3 and 10 million orders per day on live systems. This allows our broker customers to support global leading HFT firms.

Proven Reliability

Battle hardened over the years and now being automatically tested with thousands of test cases every time there is a change. Also now supporting transparent Failover with SLAs to ensures the exchange stays operating.

Scalability

A variety of deploymet models, including scalable containers to meet increasing demands. Handles growing volumes seamlessly.

Flexibility

Match! supports multiple pricing models, matching models, asset classes, order types, account structures, user roles, and schedules, giving you the flexibility to implement a variety of financial markets.

Risk Management

Robust pre-trade risk checks and optional account monitoring, as a plugable component in front of the matching engine. Anything from low latency min/max price checking and order size constraints, to account level position checks or full cash based risk checks.

Customizability

Configurable trading rules, products, sessions, and behaviors. Match! is built to support multiple types matching, including matching orders against orders, orders against quotes, and orders against implied orders from other currencies.

Reporting & Analytics

Advanced monitoring and analytical tools.

Additional Services

Need more? We offer a range of additional services to complement our matching engine.

From data analytics to liquidity solutions, our add-ons can help you elevate your trading platform.

Explore our service catalog for a complete list of offerings.

Contact our sales team to create a custom package that meets your needs.

User Testimonials and Case Studies

Don't just take our word for it. Listen to what our customers have to say.

From small startups to large enterprises, our solutions have made a real impact.

Read through our case studies to understand how Match has helped businesses like yours.

Join the growing list of satisfied customers today.

Ready to make a Match?

Get started today with a free trial and discover the Match advantage.

Ready, set, Match!

Introducing 'Match!'

Match! Overview

Connectivity options

Connectivity

High Throughput