Matching engine, pre-trade risk, settlement, and surveillance infrastructure for licensed trading venues, exchanges, and broker-dealers.
Turnkey exchange infrastructure. Deploy a compliant venue in weeks, not years.
Every component a regulated venue needs, integrated and audit-ready.
Price-time priority order book with sub-millisecond matching. Supports limit, market, stop, and iceberg orders. Deterministic replay for audit and dispute resolution.
Real-time credit and position checks before every order hits the book. Configurable per-account and per-firm limits. SEC Rule 15c3-5 compliant risk controls with kill-switch capability.
FIX 4.4 and 5.0 SP2 session management with drop-copy support. Standard FIX tags for order routing, execution reports, and market data. Onboard any FIX-speaking participant in hours.
Real-time Level I and Level II feeds from the matching engine. NBBO aggregation, trade tapes, and historical tick storage. WebSocket and FIX delivery for low-latency consumers.
Automated detection of spoofing, layering, wash trading, and insider patterns. MAR and CAT-compliant alert generation with full audit trails. Configurable thresholds and human-in-the-loop escalation workflows.
End-of-day netting, position reconciliation, and clearing integration. Supports T+0 through T+2 settlement cycles. Immutable ledger with SEC 17a-4 compliant record retention.
Built for regulated markets from day one.
Licensed operators who need institutional-grade infrastructure.
Licensed digital asset venues
Security tokens and RWA markets
Internal matching and risk
Retail execution infrastructure
Emerging market venues
Alternative trading systems
Rust-native. Deterministic. Auditable.