OKEx's latest improvement to the matching engine called Trading System 3.0 has resulted in a notable 90 per cent-plus improvement on latency, according to Lennix Lai, Director of Financial Markets of OKEx.The brand-new upgrade is designed to cater especially to high-frequency traders and will also allow OKEx's matching engine to maintain constant high-performance and speed during periods of heavy trading and increased volatility. The upgrade will improve trading across the board from spot trading to futures, perpetual swap to options.
OKEx CEO Jay Hao says: "This is a considerable upgrade to the OKEx architecture and our users can expect to see improvements in all areas from spot to futures trading. Latency has been decreased by 90%+, the platform is stable, with the concurrent ability increased by 10x, and offering a better API experience than ever before. We're extremely pleased with the hard work our team has put in to better serve the demands of our users and are confident that our platform is among the very best in the industry."
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More