The Digitex Exchange
Non-Custodial, Zero-Fee Futures Exchange
The Digitex Futures Exchange is a revolutionary new futures exchange that will offer traders zero-fee, real-time trading combined with non-custodial account balances.
The exchange is a hybrid that combines the speed and reliability of a centralized order matching engine with the security of decentralized account balances. For the first time, traders will enjoy real-time futures trading with instant, on-chain settlement, without the long delays, costs and other drawbacks of truly decentralized exchanges.
The Digitex Futures Exchange software technology stack is built using state of the art industry standard technologies and popular internet standards. We made use of the most secure and best Open Source technologies, while choosing well performing, mature, secure code at every layer of the software.
Our exchange’s code serves and runs in all modern, popular web browsers, as well as running in a browserless environment such as a trading bot or a price data feed client script. The architecture of our exchange is designed as a multi-tier service oriented architecture, with an intuitive event-driven user interface on the front end, and blockchains integrated on the back end.
Digitex’s exchange interfaces the most advantageous side chain providers for the fastest secure cryptocurrency transactions. Digitex utilizes CloudFlare’s Web Application Firewall as the first layer of security against a myriad of common and uncommon public network security threats, while also using CloudFlare’s Content Data Network (CDN) for keeping the network transfer bandwidth low and efficient.
Digitex’s team of engineers uses industry best practices for deploying and managing the exchange in the cloud, for a secure and highly available user experience. At the heart of the exchange is Digitex’s Futures Trading Engine, a proprietary high-performance software tier for making your futures trades simple, fast, and rock solid around the clock, exactly as you expect.
There is a high performance event cache within the system which can update millions of clients in near real time with events generated in the order matching system.
The entire back end is dynamically scalable using a variety of techniques appropriate to the component and/or the tier on which it is deployed. AWS auto-scaling is a major component in the web layer with a proprietary scaling solution for the order matching engine which allows us to prioritise busier markets or indices.
The database/account uses a sharding data model design which will allow for seamless expansion of account performance in the future as the population grows.