Order matching system is created as a processing system which regulates the process of accepting, organizing, and executing the orders in the system. The development is initiated by designing the matching algorithm, the order execution procedure, and the communication processes of the backend services which are involved in the transaction processing process. In each step, the order flow is kept accurate and consistent throughout the process.
The development process also includes linking the order matching process with the order management process, database operations, and transaction processes in a way that all executed trades are processed in an organized manner and help maintaining good communication process in the exchange system.
The order matching engine is included in the backend architecture of a Binance Clone Script to ensure order execution and transaction processing are organized and consistent. The Binance Clone app expands this architecture using application services.
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