Matching Engine

Privacy-Preserving Computation

  • No single party sees all orders

  • Encrypted order submission prevents reconstruction

  • Multi-party computation techniques (future enhancement)

Uniform Price Calculation

  • Maximize total trader surplus

  • Respect price constraints (limits, stops)

  • Determine optimal clearing price per market

Constraint Handling

  • Margin requirements

  • Position limits

  • Risk parameters

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