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What Is Market Making Configuration in Crypto Exchange Clone Scripts?
Market-making Configuration refers to the set of rules that are used to manage liquidity orders on a crypto exchange platform. Market-making Configuration helps in defining how market-making activities will be conducted depending on the pre-defined business and trading rules of the platform.
From the technical perspective, the module interacts with the order management system and the trading engine of the crypto exchange platform. The configured parameters will be applied as per the business rules of the platform allowing the market-making requests to adhere to the rules set up by the exchange owner.
Market-making configuration is normally done through an administrative interface having restricted access. The authorized individuals will change the parameters of interest. The application will update the database with the new configurations and will use them whenever market making process takes place.
For the developer, integrating such configuration module involves using good data structures, validation rules, permissions, and communication between the configuration and the trading modules. Crypto Exchange Clone Scripts can integrate this module into the trading engine of the exchange without changing any trading logic.
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