Matching Engine

Select the matching type that best fits your business model and asset classes. Enable orders to be matched among makers and takers, takers and takers as well as makers and makers (e.g. spot crypto market makers).

Create unlimited Liquidity Pools and setup symbol mapping as well as the custom price, volume multipliers, steps and advanced aggregation rules for maker/taker type setup. Customise the symbol session and apply configurable session rules to the different liquidity pool profiles. Setup custom spike filters and quote throttling as well as dynamically select and change makers and takers (groups, accounts, FIX takers etc) who participate in the liquidity pool, as well as the dark pools.

Apply advanced configuration to individual liquidity pools, including unlimited market depth layers and flexible mark-up and spread profiles. Use liquidity regeneration algorithms, speed bumps and safety breaks and risk warehousing features to order flow and profitability. Intellectually hedge positions with different expiry types: FOK (Fill or Kill), IOC (Immediate or Cancel), GTC (Good Till Canceled), GTD (Good Till Date), and Valid For Milliseconds and order types: limit, market, stop, stop limit, OCO, if-done, if-done OCO, iceberg, and hidden orders and convert from one order type to another when needed.

Export real-time data into multiple databases (PostgreSQL and Clickhouse). Automatically adjust the settings of the Matching Engine via the Your Bourse open APIs to seamlessly streamline the configurations back to the Matching Engine, empowering you to auto-configure your execution parameters on the fly and in real-time.