Title :
Experience Report State-Replication-Based Matching System
Author :
Yiqun Ding ; Fan Li ; Bo Zhou ; Wei Li ; Xinyu Wang ; Tong Wu
Author_Institution :
Coll. of Comput. Sci., Zhejiang Univ., Hangzhou, China
Abstract :
Traditional financial trading systems were developed in database-based standalone model years ago. Given that there exist some evident drawbacks like high latency and low availability in such architecture, it is imperative to design a new model which can meet the requirements of time-sensitive financial transactions. Therefore, in this paper we design and implement a state-replication based matching system which includes the critical technical points like order sequencing and asynchronous data persistence. The performance experiment indicates that this new model can dramatically increase the throughput by three times and the latency only accounts for nearly 10% compared with the conventional architecture. High availability and robustness can be guaranteed as well.
Keywords :
financial data processing; pattern matching; replicated databases; transaction processing; asynchronous data persistence; database-based standalone model; financial trading system; order sequencing; report state-replication-based matching system; state-replication based matching system; time-sensitive financial transaction; Availability; Business; Databases; Engines; Logic gates; Receivers; Throughput; fault tolerance; high performance; state replication; virtual synchrony;
Conference_Titel :
High Performance Computing and Communications, 2014 IEEE 6th Intl Symp on Cyberspace Safety and Security, 2014 IEEE 11th Intl Conf on Embedded Software and Syst (HPCC,CSS,ICESS), 2014 IEEE Intl Conf on
Print_ISBN :
978-1-4799-6122-1
DOI :
10.1109/HPCC.2014.153