Which are the order matching algorithms most commonly used by electronic financial exchanges?

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醉酒成梦
醉酒成梦 2021-01-29 21:04

Which are the order matching algorithms most commonly used by electronic financial exchanges? Is there a list of order matching algorithms somewhere?

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  •  -上瘾入骨i
    2021-01-29 21:38

    Generally they use First-In First-Out kinds of algorithms because they maximize the number of effective orders.

    Each exchange has its own set of rules which is explained in their websites. This one here is an example.

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