Exchange Matching Engine
High-performance matching engines — deterministic, event-sourced, low-latency order matching for exchanges.
Pair
BTC-USD
Order types
Limit · Market · Stop
Book
Live depth
Division
Service area
Exchange Infrastructure
Engagement
Project · Team · Managed
Overview
The matching engine is the core of an exchange: it must be fast, deterministic, fair and recoverable. We build matching engines with in-memory order books, price-time priority, event sourcing for replay and audit, deterministic processing, hot standby failover and benchmarks against your throughput and latency targets.
Common use cases
- New exchange coreMatching engine for a new venue.
- Engine replacementReplacing a slow or unstable engine.
- Multi-asset matchingSpot, derivatives and tokenized assets.
- Auction mechanismsOpening and closing auctions.
Faster route to launch
Start from our white-label crypto exchange.
Most exchange matching engine projects don't need to begin from zero. Shivacha Exchange provides a production-ready foundation that we customise to your brand, workflows and integrations — or we engineer a fully custom platform where your requirements demand it.
Typical implementation
3–4 weeks
White-label implementation
Customization
Highly customizable
Advanced builds: 4–8+ weeks
- White-label
- Ready to launch
- Production-ready
- Customizable
- API-ready
Timelines refer to software implementation and deployment scope for a defined configuration. Third-party integrations, regulatory approvals, banking and card-issuer onboarding, custody and liquidity agreements, security audits and other external dependencies may require additional time.
Quick answers
Exchange Matching Engine at a glance
The essentials in brief. Every project is scoped individually — ask us for specifics.
- What is exchange matching engine?
- High-performance matching engines — deterministic, event-sourced, low-latency order matching for exchanges.
- Who is it for?
- Typically exchange operators, brokers, fintechs and Web3 companies launching trading, wallet, custody or on/off-ramp products.
- What does Shivacha provide?
- In-memory order books
- Price-time priority
- Event sourcing
- Failover
- Order types
- Benchmarking
- Which technologies are used?
- Rust, Go (Golang), Java, Apache Kafka, Redis, PostgreSQL — chosen to fit your stack and constraints.
- How does the process work?
- Operating model → Trading core → Custody & wallets → Compliance & ops → Performance & security testing.
- What affects the cost?
- White-label configuration vs custom modules
- Number of assets, chains and trading pairs
- Custody model and provider
- Liquidity, fiat on/off-ramp and KYC integrations
- Mobile apps and admin scope
- Security testing and operational requirements
- How long does it take?
- White-label implementations typically take 2–5 weeks of software work depending on product and customisation; advanced custom platforms 4–8+ weeks. Licensing, banking, custody and liquidity partner onboarding run on their own timelines.
- How do I get started?
- Share a short brief in the form below, book a 30-minute call or message us on WhatsApp. A senior engineer replies within one business day; NDA on request.
Capabilities
What we deliver
In-memory order books
Low-latency matching.
Price-time priority
Fair, deterministic matching.
Event sourcing
Replayable, auditable event logs.
Failover
Hot standby with state replication.
Order types
Complex order support.
Benchmarking
Latency and throughput testing.
Architecture
Engineered right from day one
The layers we typically design for exchange infrastructure, adapted to your stack and partners.
- Deterministic matchingPrice-time priority, replayable event logs and auditability.
- Pre-trade riskBalance, margin and limit checks in the order path.
- Wallet segregationHot wallet exposure minimised with policy-controlled sweeps.
- Market integrityIntegration with trade surveillance and abuse detection.
Delivery
How an engagement runs
- 1
Operating model
Markets, products, jurisdictions and licensed partners.
- 2
Trading core
Matching engine, order types, risk checks and market data.
- 3
Custody & wallets
Wallet architecture and custodian integration.
- 4
Compliance & ops
KYC, screening, surveillance integration and admin tooling.
- 5
Performance & security testing
Load, latency, failover and penetration testing before launch.
Security
Security built into delivery
Controls we apply by default on this kind of work — not a separate phase at the end.
Wallet segregation
Hot/cold tiers, withdrawal limits and approval quorums.
Custody integration
MPC, multisig or HSM-backed providers — keys never in application code.
Ledger reconciliation
Internal balances reconciled against on-chain and partner records.
Admin controls
Role-based access, maker-checker approvals and full audit trails.
Technology
Tools we use for this
Products
Start from a platform
Shivacha Exchange
A configurable exchange platform: matching engine, wallets, liquidity and admin.
Learn moreShivacha Crypto Wallet
Custodial or MPC wallets for fintech products and exchanges.
Learn moreShivacha DeFi Platform
Modular DeFi: swaps, lending, vaults and staking with risk controls built in.
Learn moreRelated services
Often combined with
Crypto Exchange Development
Crypto exchange development — matching engine, wallets, custody integration, liquidity, compliance tooling and admin.
Learn moreCentralized Exchange (CEX) Development
Centralized exchange platforms with order books, custody integration, fiat rails, margin options and admin controls.
Learn moreDecentralized Exchange (DEX) Platform
Decentralized exchange platforms — smart contracts, routing, frontends, analytics and liquidity programs.
Learn moreDedicated team
Blockchain Engineering Team
Engineers for protocols, nodes, indexing, custody integration and tokenization platforms.
Work & insights
Related thinking
Policy-controlled institutional digital asset operations
A reference design for institutions that need every digital asset transaction initiated, approved and signed under explicit policy.
Learn moreCrypto exchange development cost: what goes into building a trading platform
A crypto exchange is several demanding systems at once — matching, wallets, risk, compliance and operations. Understanding each is the key to a realistic budget and timeline.
Learn moreModular monolith first: when microservices are actually worth it
Microservices solve organisational scaling problems and introduce distributed-systems problems. Most products should earn them.
Learn moreFAQ
Frequently asked questions
Which language is the engine written in?
Typically Rust, Go, Java or C++, chosen by latency requirements and team expertise.
How do you recover from failure?
Event sourcing and replicated state allow standby engines to take over deterministically.
How fast is your matching engine?
Performance depends on configuration and infrastructure; we design for low, predictable latency with in-memory order books and event sourcing, and we benchmark against your targets before launch rather than quoting generic numbers.
Can we launch an exchange without licences?
That is a legal question for your advisors and depends on jurisdiction. Our platforms are designed to operate within your licensing and partner model.
Next step
Get Exchange Development Estimate.
Tell us about your exchange matching engine requirements — goals, timeline and constraints. We will reply with questions, an approach and next steps.
- Senior engineer reads every enquiry
- Reply within one business day
- NDA on request
Your details are used only to reply to this enquiry.