New matching engine

Dear customers,

Bitstamp has partnered with Cinnober, a global independent provider of technology solutions for the finance industry, to replace our in-house developed matching engine with Cinnober’s TRADExpress Trading System. The licensed and customised software will be hosted and operated by Bitstamp.

This is a crucial step on our mission to bridge the gap between crypto and traditional finance and will push the technological frontier in crypto trading a step further. We chose Cinnober because of their proven track-record in worldwide financial marketplaces, their understanding of our vision and ability to work closely with us to customize the technology to meet our needs.

“While Bitstamp’s matching engine was already very good by crypto standards, this will put us in the same league as traditional exchanges with decades of experience,” says David Osojnik, our CTO. “Our platform’s order matching speed is expected to become 1250x faster, while throughput will increase by 400x.”

The new matching engine will be implemented in a few phases, with the first changes taking place in Q1 of 2019 and full implementation expected by the end of Q2. It will allow us to meet any amount of demand and provide a number of additional services without a drop in performance.

The Bitstamp Team