Exberry Matching Enging

Central Limit Order Book Ultra-low latency CLOB with accurate price discovery and order matching, enabling deterministic, efficient, fair and transparent markets. Supports 24X7 trading and traditional trading schedules. Trading modes: continuous trading and auction trading.

Orders Management Reliable and modern API’s to support order entry. Includes: limit, market, stop and stop limit order types with GTC, GTD, IOC, FOK and DAY time in force. Real-time pre-order risk validations.

Market Data Streamline low latency-real-time raw data and aggregated data for current and historical prices. Includes: Market By Order Full Depth (MBOFD), Market By Price (MBP), Ticker and more.

Reference Data Management Easily manage your tradable instruments, trading schedule, market participant, circuit breaker rules and more. Can easily be integrated with any other reference data master.

Orderly Market Advanced circuit breakers to protect your markets via trading halts or ad hoc auction to prevent major price fluctuations. Static and dynamic price bands to protect the price from unwanted fast market movements. Admin Application

Manage and monitor market configurations and participant access via a secure, web-based, user-friendly Admin. Includes: real-time market watch, reporting and real-time notifications.

Modern & Advanced API’s FIX: Proprietary FIX acceptor allowing plug & play connection. SBE: Ultra-low latency direct market access. Websocket: Secure JSON over websocket API for easy integration. Admin API: Full management of market through admin API.

Drop Copy Real-time Drop Copy for all trading activity including execution and trade capture reports. Accessible by trading members and clearing members, when required.

Trade Reporting Report all trades agreed away from the order book by capturing a trade report into the system.

Request for Quote (RFQ) Trade via request. Available as standalone market or adjacent to CLOB.

Recovery Multiple disaster recovery plans to suite market and regulatory requirements. Includes: Hot synchronous / asynchronous replication of data across multiple data centers.

Trading Application Enable your users to navigate easily through markets, view real-time market data, place / cancel / modify orders via a white label web application, mobile responsive trading front end.