FastMatch is a new FX matching system offered by Price Markets. FastMatch system strives to offer its customers access to a large pool of diversified liquidity at unparalleled speed, complete transparency, central location and excellent customer service.
FastMatch has a very diverse set of clients contributing to a unique liquidity pool. Our clients include retail brokers, institutions, banks, hedge funds and proprietary trading firms.
FastMatch offers an ultra-low latency trading environment. FastMatch sprints 200 microseconds average roundtrip latency with 50 microsecond’s standard deviation. Roundtrip latency is measured from the time a message is received by FastMatch from a client, processed by the matching engine, and responded back to the client.
Clients can view bids, offers, trades, and midpoint in real time with no delays.
Orders on the book are executable in strict Price/Size/Time priority. Quotes from liquidity providers are executed based on their prices, fill rates and response times for a particular client, currency pair, time of day and quantity.