Design and development of a real time matching engine to provide insights into liquidity for funding forecasts and regulatory requirements.
A matching engine is used in the back office of a bank to match buy and sell orders for securities. It is a software system that receives buy and sell orders from market participants, and it matches these orders based on a set of rules. The rules typically include the price, quantity, and type of order. Once a match is found, the matching engine sends a notification to the market participants involved in the trade.
- Match orders: The matching engine matches buy and sell orders for securities. This ensures that trades are executed at the best possible price and that the orders are executed as intended.
- Generate reports: The matching engine can generate reports on the trading activity that has taken place. These reports can be used to track the performance of the trading desk, to identify potential problems, and to comply with regulatory requirements.
- Manage risk: The matching engine can be used to manage risk by ensuring that trades are executed within the limits set by the bank. This helps to protect the bank from losses and to comply with regulatory requirements.
- Improved efficiency: The matching engine can help to improve the efficiency of the trading process by matching orders quickly and efficiently.
- Reduced risk: The matching engine can help to reduce the risk of errors by ensuring that orders are matched correctly.
- Improved compliance: The matching engine can help to improve compliance with regulatory requirements by generating reports on the trading activity that has taken place.