Matching Engine
A matching engine is the execution core of an exchange. It receives orders, maintains the order book, applies matching rules and creates trades when compatible interests meet.
Definition and Infrastructure Context
Matching Engine should be understood in the context of regulated exchange infrastructure, where terminology affects system design, operating rules, market participant workflows and post-trade controls.
ADEX Technology links this definition to relevant exchange technology, clearing, settlement, market infrastructure and operational control pages so institutional readers can understand how the term is used across the infrastructure stack.