Article Summary, Automatically Generated By AI
Summary of Globe Derivative Exchange
- Second-generation cryptocurrency derivatives exchange
- Unique exchange architecture:
- Matching and risk engines run in colocation on high-frequency trading hardware
- Entire orderbook kept in L3 cache at all times
- Nanosecond latencies between services
- Performance:
- Faster-than-NASDAQ message processing rates
- Superior global lag characteristics and throughput
- Infrastructure:
- Fast connections between major financial data centers (e.g. London (LD4) and Tokyo)
About Globe Derivative Exchange: Empowering the Future of Trading
As a second-generation cryptocurrency derivatives exchange, Globe has had the opportunity to learn from the mistakes of its predecessors. Globe boasts a unique exchange architecture, specifically designed to address these shortcomings. By colocating matching and risk engines on high-frequency trading hardware, Globe ensures that its entire order book is perpetually stored in L3 cache, facilitating nanosecond latencies between services and yielding message processing rates that surpass those of NASDAQ, thereby preventing overloads. Furthermore, Globe leverages the substantial investments made in establishing high-speed connections between major financial data centers, such as London (LD4) and Tokyo, to offer unparalleled global lag characteristics and throughput, setting it apart from previous-generation exchanges.