Chronicle: Launches Low-latency Matching Engine for Investment Firms
- Chronicle the specialist provider of low latency technology solutions for the financial services industry
- Expanded its ultra-fast, high-performance trading solutions suite with the release of the Matching Engine
- Developed in response to client demand for an asset-agnostic, low latency matching solution
- Offers order matching, validation, and risk checking capabilities for multiple order types including time in force order instructions
- Enables bespoke pre-order matching rules such as Minimum Execution Quantity (MEQ) and Self-Match Prevention (SMP)
- The Matching Engine supports multiple and extensive libraries, and new matching engines can be added in real-time