A-Team Insight Blogs

Beaxy Cryptocurrency Exchange Deploys OneTick as Matching Engine

Share article

Beaxy, an all-in-one cryptocurrency exchange has built its matching engine on OneTick, OneMarketData’s flagship high performance analytics and data management platform. The partnership is designed to allow faster transactions, unique and advanced order types, and an overall smoother flow in order books.

Based on the OneTick platform, Beaxy will service more than 20 different order types, including limits, stops, trailing orders and order sends order. The solution works by verifying inbound orders compute fees and ensuring and reserving available funds. Subsequently, the price matching engine determines a course of action for the order as an atomic, recoverable sequence of operations to fill the order and persist to a completed transaction for historical record, all with microsecond latency.

The platform also enables Beaxy to provide several wallets per currency, multiple users on a single account with various levels of permission, in-exchange TradingView charting and a security token offering launch platform.

Artak Hamazaspyan, CEO at Beaxy, says: “We wanted to increase the sophistication level of our analysis and approach. OneTick enables us to deliver a premiere exchange platform as through the partnership we have created one of the fastest exchanges in the world.”

Leave a comment

Your email address will not be published. Required fields are marked *

*

Related content

WEBINAR

Recorded Webinar: Bracing for the Wave—or Sailing Ahead of It? Reducing Risk Through Benchmark Data Controls

This webinar has passed, but you can view the recording here. The wave of LIBOR-inspired compliance requirements has particular implications for capital market participants. Proactive management of a firm’s risk and compliance environments is desperately needed to stay ahead of this wave. Of most concern for participants is the sense that they will be ‘unfairly’...

BLOG

Refinitiv Taps Influx DB for Cloud-Based Trading Analytics

Refinitiv has selected Influx DB to help build additional cloud-based analytics services. The initiative is part of a wider move to shift delivery of Refinitiv services, including real-time and other data, to a service-oriented cloud-based platform requiring minimal client-side equipment or maintenance. The InfluxDB analytics will add to the company’s Velocity Analytics and QA Direct...

GUIDE

BCBS 239 Data Management Handbook

Our 2015/2016 edition of the BCBS 239 Data Management Handbook has arrived! Printed copies went like hotcakes at our Data Management Summit in New York but you can download your own copy here and get access to detailed information on the  principles and implications of BCBS 239 on Data Management. This Handbook provides an at-a-glance...