Currenex Completes Matching Engine Switch
NEW YORK—On the heels of being acquired by State Street, Currenex has completed the migration of its foreign exchange (FX) matching engine to a two-part, high-performance platform designed to reduce latency, DWT has learned.
The first part of the new platform is "a core matching engine that only knows about simple order types," says Sean Gilman, Currenex's chief technology officer (CTO). "Then we have a complex order handler that is tied to a matching engine."
This more complex system runs in a
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