Foxtral — Currency Exchange Engine & Market Making
Foxtral, a Swiss Crypto Currency Exchange commissioned us with the development of a core exchange transactional engine and market-making algorithms.
Highlights
- client received a super-fast and reliable engine that enabled efficient execution market making on the platform
- the engine is capable of processing transactions matching the biggest exchanges in the world (Coinbase Pro)
- satisfying strict requirements for a stable and secure exchange was critical and non-negotiable
Success Factors
- experience in systems integrations (external exchanges), APIs, and market-making concepts accelerated
- solution delivery
- the scalable, fault-tolerant, and secure architecture supports any number of currency pairs.
- low-level coding skills were used to implement an engine with a throughput of 200k tps