February 8, 2024
One Trading a pioneer at the intersection of traditional finance and digital asset markets proudly announces the launch of its groundbreaking trading venue, setting a new standard for speed, efficiency and reliability in the digital asset trading landscape.
One Trading has harnessed cutting-edge technology and engineering capabilities from traditional finance to build the fastest-ever digital asset trading venue.
The platform, named F.A.S.T., represents a quantum leap in trading technology.
The upgrade makes One Trading the fastest crypto-asset trading venue worldwide for a round trip ver 1,500 times faster than their last exchange and over 100 times faster than the largest crypto trading venues.
One Trading’s matching and risk engine operates at an astonishing sub-one microsecond.
This super-low latency provides customers with an unparalleled advantage in price discovery and execution against other leading venues currently trading digital assets.
To put this into perspective, users on One Trading can perform over 200 round trips of price discovery, order creation and cancellation before a user can place a single order on some of the largest competitor exchanges aking One Trading’s platform significantly faster than other leading exchanges.
For comparison, according to recent official AWS (Amazon Web Services) test results, One Trading’s F.A.S.T. achieved sub 74 microseconds for a round trip
Even at very high volumes, the round trip create and cancel reached 112 microseconds 400,000 orders per second on p95 latencies through next-generation AWS network topologies.
One Trading’s game-changing technology provides an average end-to-end trading of just 112 microseconds quicker even than the 126 microseconds achieved on the LSE (London Stock Exchange) Group’s Turquoise, a leading MTF (multilateral trading facility).
Further still, One Trading’s risk and matching engine, which operates below one microsecond, is 1,000 times faster than CME’s Global Matching Engine, which operates at one to three milliseconds.
The matching engine’s unprecedented one microsecond latency remained consistent even during a 24-hour stress test, processing 34 billion orders without any performance degradation.
To celebrate the platform’s launch, One Trading is offering free trading on all digital asset pairs for its customers.
This initiative is designed to empower all investors, big and small, to experience the advantage of F.A.S.T. firsthand and to showcase the capabilities being unleashed.
One Trading is committed to bridging the gap between traditional finance and digital asset markets.
In pursuit of excellence, One Trading has initiated a regulatory-first approach, filing for a MiFID II Trading Venue License in the EU to build out a suite of derivatives and structured products to compete with the likes of the London Stock Exchange and the CME.
With regulatory advancements, One Trading plans to list both digital assets and traditional financial instruments, introducing a range of derivatives and structured products with a unique digital asset perspective.
Josh Barraclough, CEO of One Trading, expressed excitement and said,
“Our team has worked relentlessly to create a trading venue that redefines speed and efficiency. With F.A.S.T., we aim to empower our customers with unparalleled advantages in the competitive world of crypto trading.”
One Trading is determined to bring the best of traditional finance and crypto markets together.
They have engineered the fastest and most reliable trading venue in the world, which is capable of arbitraging all other venues and providing the best execution path for all customers.
They have also pursued a unique regulatory strategy, building a full-scale trading venue instead of the typical broker-only licenses sought out by competitors.
One Trading is at the forefront of merging traditional financial and digital asset markets.
With the launch of F.A.S.T., the fastest-ever digital asset trading venue, One Trading is setting new benchmarks for speed, efficiency and reliability in the digital asset trading landscape.
For more information on One Trading and to experience the fastest digital asset trading venue, visit their website or raise support ticket.
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