New report outlines a modern alternative to “Exchange-in-a-Box” platforms and legacy market technology
Fundamental Interactions, a provider of high-performance electronic trading systems for regulated markets, today announced the release of a new white paper titled “Matching Engine Technology: Architecture, Determinism, and Comparison to Global Exchange Platforms.” The paper explains how deterministic system design enables modern exchanges and Alternative Trading Systems (ATSs) to achieve predictable execution, regulatory auditability, and long-term strategic independence.
“Market operators are under increasing pressure to launch quickly, but many turnkey solutions introduce hidden long-term risks around control, auditability, and strategic independence,” said Kun Luo, Chief Technology Officer of Fundamental Interactions.
As trading venues expand to support equities, private securities, and digital assets, many operators face difficult trade-offs between performance, compliance, and control. The white paper addresses these challenges by presenting a deterministic matching engine architecture modeled on the same design principles used by leading global exchanges, while remaining independent of exchange-operated outsourcing models.
“Market operators are under increasing pressure to launch quickly, but many turnkey solutions introduce hidden long-term risks around control, auditability, and strategic independence,” said Kun Luo, Chief Technology Officer of Fundamental Interactions. “This white paper demonstrates that venues can achieve exchange-grade performance without compromising deterministic behavior or regulatory confidence. A deterministic architecture provides a durable foundation for modern regulated markets.”
The white paper highlights several key themes:
— Deterministic Execution and Audit Replay
— Strict global event sequencing ensures identical outcomes from identical inputs, enabling exact replay for regulatory audits and investigations.
— Unified Multi-Asset Trading
— A single execution framework supports traditional securities, private markets, and digital or tokenized assets, reducing fragmentation and operational complexity.
— Strategic Independence
— Fundamental Interactions operates solely as a technology provider, allowing venues to retain full ownership of their execution logic, market data, and intellectual property.
The paper also examines the risks of exchange-operated “Exchange-in-a-Box” solutions and discusses how ATS operators can balance the build-versus-buy decision while preserving long-term enterprise value.
Availability
The full white paper is available for download at www.finteractions.com
About Fundamental Interactions
Fundamental Interactions is a provider of high-performance, deterministic matching engines and electronic trading systems for regulated markets, ATS operators, broker-dealers, and digital asset marketplaces. The company's technology emphasizes audit integrity, predictable execution, and architectural simplicity, enabling market operators to scale while maintaining full strategic independence.
Media Contact
Sales & MarketingFundamental Interactions Inc.sales@finteractions.com(212) 845-9077www.finteractions.com
Media Contact
Shawn Sloves, shawn@finteractions.com, 1 929-999-2733, sales@finteractions.com, www.finteractions.com
View original content:https://www.prweb.com/releases/fundamental-interactions-unveils-deterministic-trading-architecture-for-the-next-generation-of-regulated-markets-302662486.html
SOURCE Fundamental Interactions
https://rt.newswire.ca/rt.gif?NewsItemId=UN62698&Transmission_Id=202601151200PR_NEWS_USPR_____UN62698&DateId=20260115