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How does a crypto exchange's matching engine function in real-time trading?
A crypto exchange matching engine is the core system that processes buy and sell orders in real time. It continuously scans the order book, matching orders based on price priority (best price first) and time priority (earlier orders first). When a match occurs, the trade executes instantly, updating balances and market data. High-performance engines rely on low-latency systems to handle heavy trading volumes efficiently.
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Sent 24 days ago
by Alanjames