Your Custom Trading Exchange with Source CodeMyExchange Offers Complete Customization, Scalability, and Advanced Security - with No Recurring Fees
If you've been researching options for starting your own exchange for trading cryptocurrency, stocks, forex, futures, or equities, you know how complex and costly it can be. You've probably also noticed that most vendor lock-in "solutions" limit trading options and impose ongoing licensing fees and/or royalties. Those are deal breakers for almost any exchange.
MyExchange is different. It's a trading exchange development framework. Using MyExchange, you can build your own custom exchange and host it in any cloud environment such as Azure or AWS, or host it on your own server hardware. MyExchange is licensed under a one-time fee. With MyExchange, you can develop quickly and focus on generating revenue sooner than developing from scratch. Your exchange can trade anything from equities to futures, currencies and cryptos including Bitcoin, Litecoin, Ethereum, plus hundreds of existing coins and custom ERC20, ERC223, and ERC777 tokens.
MyExchange is a software development framework. If you're looking for a fully built, ready-to-use, turnkey solution, check out the Modulus Exchange Solution offerred by our sister company, Modulus Global, Inc.
Modulus Global, Inc. provides high-end, turnkey solutions that do not require software development, whereas Modulus Financial Engineering, Inc. provides software development components and frameworks for self-serve solutions.Exchange Development Framework
Independent Modulus Certified developers are available to help you develop a complete solution to suit all your requirements: regulatory compliance, risk management, AML/KYC integration, hot and cold electronic wallets (online and offline storage), back-end accounting integration, custom reporting, clean, modern, professional user interfaces for web and mobile apps, custom created to your exact specifications, payment integrations, CRM integration, custom blockchain development and custom ERC20 Ethereum tokens.
If you're wondering how to start your own crypto exchange for Bitcoin Cash, Ethereum, Litecoin, Ripple, Monero, Stellar Lumens or even your own ERC20 token, the MyExchange matching engine is the foundation you need.
MyExchange is Your Exchange: Unrestricted Access and Control
MyExchange is not Software as a Service (SaaS), and it's not hosted by Modulus. You are allowed to host MyExchange on as many servers as you see fit, without ever paying server license fees, commissions, or royalties, so you are free to run your exchange on your own terms.
Using the MyExchange matching engine as the basis of your exchange, Modulus Certified developers can build custom solutions with any number of features based on your requirements, for example...
|List securities||Create your own exchange rules||Own and sell your own real-time and historic data|
|Manage record-keeping and reporting||Create and administer trading members||Perform or facilitate market-making|
|Set your own pricing||Issue IPOs
(if permitted by law)
|Partner with other exchanges and perform any legally permitted function
(certain exchanges may be subject to government regulation and registration)
|Program your own logic to prevent flash crashes, institute your own trading curbs, or prevent rogue trading behavior|
Designing an exchange matching engine is serious business. Developers must account for complex logic and data processing for complex orders, partial fills, cancels, rejections, good-till-cancelled, trailing stops, etc. At the same time, they must address risk management, security, data handling, multithreading, and scalability - all in accordance with strict government regulatory standards.
Fortunately, here at Modulus, we live and breathe financial technology. We're experienced traders and expert developers, and we speak your language. Our engineers developed MyExchange from the ground up, creating multiple code bases before settling on a final optimal design. We believe it’s the simplest, most powerful, most cost efficient exchange matching engine you'll find.High Performance Without Limits
MyExchange consists of a very robust set of applications. It matches orders between buyers and sellers in a highly secure environment, allowing for throughput of millions of transactions per second with powerful security and risk controls. The core of MyExchange is so highly optimized, its performance rivals that of the busiest stock exchanges including the NYSE and NASDAQ.
MyExchange is not only powerful, but highly scalable. The server has been tested with a simulated load of 10,000 simultaneous clients per instance, and it can be scaled to hundreds or thousands of servers if necessary. MyExchange software can be modified to do auctions and continuous matching with many order controls as well as moving large blocks with absolutely zero trade leakage.Optional Features You Won't Find Elsewhere
Modulus Certified developers can add two-factor SMS text authentication to your solution to ensure the highest level of security. The matching engine can even detect and prevent rogue trading behavior including predatory dark trading by direct access traders that drives liquidity off the book.
|ADVANCED LIQUIDITY OPTIONS
Modulus Certified developers can provide multiple liquidity options to ensure a full order book from the moment your exchange launches. Software can be developed to provide a Distributed Shared Orderbook so you can connect your exchange to a network of other exchanges to increase liquidity. An automated market maker will allow you to create artificial liquidity using artificial trading accounts.
Optional multicurrency wallets can be developed or added via wallet provider APIs. Modulus Certified developers can also create multisignature cold offline storage options, if so desired.
|REAL-TIME DATA ON DESKTOP OR WEB
MyExchange comes with a built-in data server to power both desktop and web applications with streaming real-time data. Your exchange can power desktop, web, and mobile clients all at once.
|CUSTOM WHITE LABEL EXCHANGE
The MyExchange matching engine is one part of a custom solution provided by professional, independant Modulus Certified cryptocurrency developers. The complete solution can be a White Label Crypto/Bitcoin Exchange - that you can host on your own servers, using your own domain name, and you can create your own look & feel, custom graphics, custom everything!
Independent Modulus Certified developers are experienced with developing the following custom features: Merchant plug-in that allows your exchange to provide bitcoin and crypto payment processing for ecommerce - Sandbox environment for development testing and proper trading - Multilingual option for multiple languages - Advanced APIs available for FIX in/out, Binary, WebSocket, REST, and more.
Get Started with MyExchange
- Q. Which programming languages are used in MyExchange? A. MyExchange is written in C#. Front-end applications are built with React, Objective C for iOS, and Java for Android.
- Q. Which third party libraries are used in MyExchange? A. NLog, log4net, Newtonsoft JSON, and SuperWebSocket.
- Q. Does MyExchange require an SSL certificate? A. Yes, unless you disable SSL (not recommended).
- Q. Does MyExchange come with an example trading client? A. Yes. The example allows a trader to login with a username and password, allows the account info to be updated for testing purposes (buying power, cash, etc.), and allows the tester to place trades.
- Q. Does MyExchange come with an administrator program? A. Yes, it comes with an admin panel to create users, manage and delete accounts, and view active users, logs, and more.
- Q. Can I license MyExchange source code without customization? A. Due to the complexity of MyExchange and the fact that the MyExchange matching engine is only a part of a larger crypto exchange solution, the source code is provided only to clients who hire an independent Modulus Certified developer. Source code is provided after customization and implementation have been completed by your developer.
- Q. Where does MyExchange store data? A. All account, order and market price data will be stored on your servers. There are no connections to Modulus servers.
Please note that MyExchange may not be used for converting cryptocurrency into real currency or vice versa without proper licensing and regulatory oversight. MyExchange may not be used for sports betting or gambling of any type. Consult with a lawyer before developing your exchange. Cryptocurrency exchanges must follow all rules with proper legal compliance, AML, and KYC in place for not only the jurisdiction in which the exchange is domiciled, but also for each jurisdiction in which it conducts business. Modulus provides software that sits between financial products and institutions. As such, we are not a licensed financial institution. If your organization plans to accept deposits and issue credits on any crypto currency network, it is likely you will need to be a licensed money services provider (MSP) or mobile money operator (MMO). All Modulus clients should heed the regulatory environment of their organization.How to Start a Bitcoin Exchange in 10 Simple Steps
As famed investor Peter Lynch said, "During the Gold Rush, most would-be miners lost money, but people who sold picks, shovels, tents and blue-jeans made a nice profit." In the gold rush that is the cryptocurrency boom, one might compare the manufacturer of picks and shovels to the owners and operators of crypto exchanges, such as MyExchange.
If you, too, see the potential reward and you're looking to start up your own Bitcoin exchange business, this step by step guide will point you in the right direction.Getting Started
Getting started is easy. The first step is to contact us to schedule an introductory call. We will introduce you to an independent Modulus Certified developer who will gather all the relevant technical details that will be required to create a complementary Statement of Work for your custom exchange. Once your custom Statement of Work has been prepared, we will request a follow up meeting to discuss the project, along with your delivery timetable and associated costs. We'll also provide an invoice should you wish to move forward, and you can even pay in Bitcoin!