Crypto Exchange Development Services provide various matching engine options that are key to consider. A matching engine instantly matches buyers and sellers for seamless order execution.
To start, there are two main types - the centralized matching engine used by most traditional exchanges where the exchange itself matches orders; and the decentralized matching engine seen in DEXs with matching facilitated by smart contracts on-chain.
Within centralized, the price-time matching engine prioritizes speed and matches based on timing and price strictness. Meanwhile, the pro-rata matching engine divides large orders among participants and prevents market impact.
When selecting developers, evaluate their experience architecting different engines such as the hybrid engine combining aspects of centralized and decentralized. Consider average trade sizes, liquidity needs and regulatory landscape which affect optimal choice.
For advanced features, also explore engine capabilities like arc trading for customizable order types and advanced APIs. A good development partner can help identify the right matching technology based on your business goals. https://www.antiersolutions.co...development-company/