Cryptocurrency exchange Bitstamp is getting a new matching engine developed by Cinnober, a global provider of exchange and clearing technology whose clients are mostly traditional stock and commodity markets.
Cinnober’s TRADExpress Trading System will replace Bitstamp’s in-house matching engine, the companies announced Monday.
The new system will drastically increase the exchange’s capacity to match orders, which is especially important in periods of high market activity like last December’s rally, Bitstamp’s CTO David Osojnik told CoinDesk.
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