Trading Engine | Tramia Platform

Institutional-Grade Performance

Tramia's trading engine is built from the ground up for regulated markets. Our matching engine processes thousands of orders per second while maintaining complete audit trails and regulatory compliance.

Whether you're launching a security token exchange or adding trading capabilities to your existing platform, our engine provides the performance and reliability institutions demand.

Sub-millisecond order matching latency
Support for limit, market, stop-loss, and iceberg orders
Real-time market data feeds via WebSocket
Circuit breakers and trading halts

Performance Metrics

Throughput	10,000+ orders/second
Latency	<1ms matching time
Uptime SLA	99.99%
Settlement	T+0 atomic settlement

Order Types & Features

Comprehensive trading functionality for both retail and institutional participants.

📊

Order Book Management

Central limit order book (CLOB) with price-time priority matching, supporting multiple trading pairs and cross-margining.

⚖️

Market Making

API support for market makers with dedicated connectivity, rebate programs, and liquidity incentives.

🔒

Pre-Trade Compliance

Automated checks against investor limits, asset restrictions, and regulatory requirements before order acceptance.

📈

Price Discovery

Auction mechanisms for IPOs, secondary offerings, and illiquid assets with fair price determination.

🛡️

Market Surveillance

Real-time detection of wash trading, spoofing, layering, and other manipulative behaviors.

📋

Regulatory Reporting

Automated generation of trade reports, transaction logs, and regulatory submissions in required formats.

Atomic Settlement

Tramia's trading engine settles trades atomically on the blockchain—delivery versus payment (DvP) happens in a single transaction, eliminating settlement risk and counterparty exposure.

T+0 settlement eliminates counterparty risk
Atomic swaps ensure DvP in single transaction
No need for central clearing counterparty
Reduced capital requirements and margin calls
Complete settlement finality in 2 seconds

Settlement Flow

Order Matched

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Smart Contract Execution

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Atomic DvP Settlement

Technical Specifications

Feature	Specification
Matching Algorithm	Price-time priority (FIFO)
Order Types	Limit, Market, Stop-Loss, Stop-Limit, Iceberg, FOK, IOC
API Protocols	REST, WebSocket, FIX 4.4
Market Data	Level 1, Level 2, Trade ticker, OHLCV
Trading Hours	Configurable (24/7 or scheduled sessions)
Circuit Breakers	Price bands, volume limits, trading halts
Surveillance	Real-time pattern detection, alert generation
Disaster Recovery	Active-passive with <30s failover