At the heart of EdgeCore lies an exchange infrastructure built for scale, speed, and asset-class flexibility. Designed for institutional desks, this module abstracts away exchange-specific complexities and enables seamless execution across equities, crypto, and other digital assets.
With built-in support for order routing, position tracking, and risk management, it provides the reliability and transparency needed for multi-venue trading strategies.
Overview
The Exchange module is a foundational component of EdgeCore. It offers a standardized interface to connect and manage interactions with a broad range of execution venues. Built on a modular architecture, it supports real-time market data acquisition, order lifecycle management, and margin or exposure tracking—regardless of the underlying asset class.
Core Capabilities
Unified Market Access
Supports major exchanges and alternative trading systems, normalizing API discrepancies and streamlining connectivity across equities, crypto, and derivatives markets.
Advanced Order Management
Enables the creation, modification, and cancellation of complex order types with integrated time-in-force logic, stop-loss protections, and reduce-only flags. Handles position hedging and netting natively.
Risk and Exposure Management
Calculates real-time exposure, liquidation thresholds (for margin products), and portfolio-level drawdowns. Integrates with EdgeCore’s analytics module for PnL tracking and volatility-adjusted allocation.
Exchange-Specific Logic
Overrides and custom mappings ensure compliance with exchange-specific quirks—such as forced precision rounding, margin mode configurations, and fee tier logic.
Robust Error Handling
Built-in retry logic, circuit breakers, and credential validation workflows ensure uptime and operational resilience, critical for institutions operating at scale.
Supported Asset Classes
EdgeCore’s Exchange module is designed to accommodate:
Equities: Via FIX, REST, or WebSocket connections to supported brokers and execution venues.
Digital Assets: Fully integrated with top crypto exchanges for spot, margin, and perpetual futures.
Synthetic Products: Support for proxy instruments, baskets, and algorithmic exposure replication.
Architecture and Integration
Configuration Flexibility
Each exchange connection is initialized via a structured config schema supporting key/secret credentials, rate limits, trading mode (spot, margin, or futures), and instrument whitelists.
Market Data Normalization
Market data is normalized into a common structure (OHLCV, order book, tickers), with customizable timeframes and candle aggregation rules.
Order Lifecycle Tracking
All orders are tracked through their lifecycle, from placement to fill or cancellation. Metadata such as timestamps, exchange order IDs, and execution breakdowns are retained for audit and reconciliation.
Asynchronous Support
For institutions operating high-frequency strategies, the Exchange module supports async execution paths with rate-limit-aware scheduling and batch submissions.
Risk Controls and Governance
- Pre-trade Checks: Configurable limits per instrument, venue, and strategy.
- Credential Management: Centralized, encrypted storage of API credentials with role-based access.
- Logging and Auditing: Granular logs of all market interactions, with options for SIEM integration.
Performance Considerations
- Optimized for low-latency scenarios via local caching and async I/O
- Built-in support for load balancing across redundant exchange connections
- Integrates with EdgeCore’s persistence module for long-term trade archival and compliance
Use Cases
Equity Quant Desk: Route smart orders across multiple brokers based on fill probability and cost.
Digital Asset Fund: Run cross-exchange arbitrage and portfolio rebalancing strategies in futures and spot markets.
Market Maker: Maintain presence in order books while respecting inventory and risk thresholds.
Summary
EdgeCore’s Exchange module is more than a trading connector. It’s an institutional-grade abstraction layer designed to unify fragmented liquidity, safeguard operations, and power capital-efficient execution across diverse markets.