LGO Tech Updates: June 2018
On June 6th, our article “We’re on the right track” indicated that we are working on an extensive upgrade to our exchange as well as updates to our rich application design.
In a high frequency trading environment, we have to provide the means for an optimal trade flow with a high level of performance. The priority of our exchange has always been full transparency, this philosophy requires us to take both fairness and speed into account on our exchange. Here are some of the steps we’ve taken:
- We have improved our algorithms and now our exchange can execute trades as fast as the standard average time execution of the market. In an upcoming dedicated post, we will be providing technical details on how the LGO Exchange balances both speed and fairness of transactions.
- Our trading experts have developed a set of quality assurance & quality control (QA/QC) guidelines that have enabled us to receive very helpful feedback on our desktop application and our user interface that we are excited to share with you soon.
- Welcome to Frédéric Ruffet! Frédéric joined us this week as an infrastructure and security officer. He has served as a system engineer for both startups and large corporations that focused on security.
By recruiting some key individuals to our team, improving our trading algorithm and creating a system to monitor quality, we have achieved all of our objectives for the month and are certainly on the right track.
Next week, we plan releasing an updated version of our White Paper, that will provide new details regarding LGO’s structure, as well as the technical enhancements we’ve implemented to the exchange.
LGO Markets (https://lgo.markets) is a demonstrably fair and premium exchange for institutional investors. It incorporates a decentralized ledger within its proprietary centralized platform in order to guarantee the inalterability, temporality and transparency of the order book and ensure a fair trading environment.