Matching Engine & Core Modules

A white-label exchange requires more than a frontend shell. The user experience depends on reliable core modules behind trading, accounts, risk, and settlement.

Core modules

Module	Role
Matching and order lifecycle	Handles order submission, matching state, cancellation, and execution records.
Account and position system	Maintains balances, margin state, positions, and trading availability.
Risk controls	Coordinates leverage, margin, liquidation, and abnormal market behavior.
Market data	Distributes prices, depth, trades, and chart data to trading interfaces.
Settlement and records	Keeps trading history, balance changes, and operational records aligned.

Documentation path

Start with trading rules before API integration. Product, operations, and development teams should share the same understanding of order types, margin behavior, fees, and liquidation logic.

Order Types

Review supported order behavior.

Margin Rules

Understand margin requirements.

REST API

Connect backend workflows.