Exchange Architecture

Let’s take a look into the underlying architecture of Intel Markets, providing an overview of the systems and mechanisms that power the platform's operations. It is crucial for traders to grasp the infrastructure supporting their trading activities on Intel Markets.

1. Central Limit Order Book and Matching Engine

Intel Markets employs a central limit order book (CLOB) combined with a robust matching engine to facilitate efficient order execution. The CLOB aggregates buy and sell orders from traders, organizing them by price and time priority. The matching engine matches buy and sell orders based on predetermined rules, ensuring fair and transparent trade execution.

2. Margin Account System

Intel Markets utilizes a margin account system to track the state of individual users' accounts. This system, known as the Margin Account, centralizes all user-related information, including account balances, open orders, positions, trading fees, and funding payments. By consolidating user data in a single account, Intel Markets streamlines account management and enhances user experience.