CoinTossX: An open-source low-latency high-throughput matching engine

CoinTossX: An open-source low-latency high-throughput matching engine

Blog Article

We deploy and demonstrate the CoinTossX low-latency, high-throughput, open-source matching engine through small-scale desktop and large-scale locally-hosted testing with multiple traded instruments and clients managed concurrently by sending orders using the Julia and Python languages.We demonstrate a cloud-based deployment using Microsoft Azure, with large-scale industrial and serra avatar price simulation research use cases in mind.The system is developed in Java with orders submitted as binary encodings verona wig (SBE) via UDP protocols using the Aeron Media Driver as the low-latency, high-throughput message transport.

The system separates the order-generation and simulation environments e.g.agent-based model simulation, from the matching of orders, data-feeds and various modularized components of the order-book system.

This ensures a more natural and realistic asynchronicity between events generating orders, and the events associated with order-book dynamics and market data-feeds.