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How do matching engines determine order of order entry into order book ?
Mahesh Kumaraguru <>
1 Mar 2011 4:55PM ET

How do matching engines determine order of order entry into order book especially in the scenario of multiple orders for same security arriving at the same time at the FIX gateway? My understanding is that matching engine is multiThreaded so the order of order entry into the respective order book is always determinate http://fixprotocol.org/discuss/read/ad26154c

Question(s) : Is my assumption correct ? If not how do exchange matching engines determine order of order entry into order book for purposes of liquidity adder / remover based fee pricing ? Any tips / best practices appreciated :-)

Regards,
K. Mahesh

How do matching engines determine order of order entry into order book ?
Mahesh Kumaraguru   1 Mar 2011 4:55PM ET

Re: How do matching engines determine order of order entry into order book ?
Mark Reece / HSBC   12 Jul 2011 5:17AM ET