The terms Exchanges and Matching Engines are in some cases utilized reciprocally. I think it is critical to comprehend the contrasts between the terms when discussing a potential project. Understanding the distinctions enables everybody in the discourse to have a clearer vision of the venture extension and complexities.
I think Matching Engines provide the transactional integrity for an electronic trading venue, marketplace, or exchange. The matching engine can provide various algorithms to facilitate the matching of buyers and sellers. The most common is price-time. Matching engines also can support different order types such as a limit order or market order.
I think Matching Engines give the transactional integrity to an electronic exchange. The matching engine can give various algorithms to encourage the coordinating of purchasers and dealers. The most widely recognized is price-time. Matching engines also can support different order types such as a limit order or market order.