Chronicle Matching Engine Framework
Chronicle Matching Engine Framework forms the backbone for a resilient and scalable exchange solution. It provides order matching, validation, and risk checks with high capacity and low latency. It has a modular and flexible design which enables it to be used stand-alone, or seamlessly integrated with Chronicle FIX and Chronicle Services.
Talk to Our TeamKey Features
Ultra-Low Latency and High Throughput
Built from the ground up for mission-critical trading, Chronicle Queue drives micro-second response times & maximises throughput, so you execute more trades while controlling infrastructure spend.
Comprehensive Order Type Support
Out-of-the-box support for Market, Limit, Stop, Iceberg, Peg, and Hidden orders ensures you can meet diverse execution strategies without additional development.
Customisable Matching Rules
Introduce firm-specific logic quickly. Add Minimum Execution Quantity (MEQ), Self-Match Prevention (SMP), or other bespoke rules to align execution with your risk, compliance, and liquidity objectives.
Scalability
Scale on demand by activating new matching engines in real time, maintaining deterministic performance as volumes rise.
Integration Capabilities
A modular design connects seamlessly with Chronicle FIX, Chronicle Services, or your existing stack, accelerating deployment and reducing time-to-market.
Flexible Deployment Options
Run in any major cloud, hybrid setup, or on-premise data centre to fit latency, regulatory, and budget requirements.
Technical Information
Explore the advanced engineering principles that shape this product’s core, ensuring exceptional performance, operational resilience, and seamless scalability.
Component Hierarchy
This section describes the hierarchical organisation of the key components of the exchange, illustrating how each layer builds successively on previous layers to provide scalability, functionality, and resilience.
Read MoreProcessing Pipeline
A processing pipeline coordinates the handling of events across one or more Order Books.The pipeline is responsible for assigning unique identities to identify Orders and Executions.
Read MoreDistributed Matching Engines & Aggregation
Matching Engine instances can be freely scaled to meet design load: the only requirement is that all transactions for any one symbol are handled by a single instance
Read MoreClient Gateways
A distributed cluster of client gateways forms the client-facing surface of the exchange. Client gateways can be distributed arbitrarily to match demand and resources, with one or more gateways on each of one or more hosts.
Read More