QUIK Matching Engine supports derivatives while system resource use is restricted – QME 1.4.0 version released

ARQA Technologies released the new version of QME module that serves as the core for fast matching of orders forwarded by broker’s clients from standard QUIK user terminals.

Beside equity and FX instruments the new QME matches derivatives. Thanks to the introduced derivative support brokers may now offer their clients an off-the-exchange service of futures and options trading. When registering such contracts brokers would independently determine the size of collateral and the price of clearing. Clients’ positions in spot and derivatives markets will be kept kept by the QUIK unified cash position module.

The new QME version also supports orders of ‘Fill or kill’ and ‘Cancel the rest’ types.

The previous versions the QUIK Matching Engine by default consumed all available resources of platform processors that were mobilized for its operation. The latest QME may function in the new mode that allows restricting the module’s load on specific processors in the platform. This newly introduced feature makes it possible to install the QME module onto the same platform as other components of QUIK.