joelryan132
Member
The replication of trades by multiple accounts in a crypto copy trading platform can also be facilitated with independent execution logic. While the trading activity of the following accounts will simply replicate that of the lead trader, their execution needs could vary depending on account capital, position size, exchange state and trader level trading policy.
During development, a common execution process can lead to discrepancies if multiple follower accounts receive the same trade request. Independent execution logic can enable each account to execute trade requests based on its own specifications, yet remain synchronized to the source trading strategy.
If you intend to build a crypto copy trading software for your business, you have to think about how to validate an order, check the balance, how you size your position, how you time your orders to you and reconcile order statuses. You have to think about partial fills, rejected orders, API outages, and the response time of the exchanges.
Good architecture in a crypto copy trading platform is differentiating distribution of the crypto trade signals from execution at the account level. This approach allows the platform developer to have more control over execution dependencies and identify failures without affecting other follower accounts.
On the business side, independent execution logic enables platform expansion to new account types and trading environments. It also ensures a more manageable process for the addition of other exchanges and follower variations.
During development, a common execution process can lead to discrepancies if multiple follower accounts receive the same trade request. Independent execution logic can enable each account to execute trade requests based on its own specifications, yet remain synchronized to the source trading strategy.
If you intend to build a crypto copy trading software for your business, you have to think about how to validate an order, check the balance, how you size your position, how you time your orders to you and reconcile order statuses. You have to think about partial fills, rejected orders, API outages, and the response time of the exchanges.
Good architecture in a crypto copy trading platform is differentiating distribution of the crypto trade signals from execution at the account level. This approach allows the platform developer to have more control over execution dependencies and identify failures without affecting other follower accounts.
On the business side, independent execution logic enables platform expansion to new account types and trading environments. It also ensures a more manageable process for the addition of other exchanges and follower variations.