LSEG Technology, the technology solutions provider for the London Stock Exchange Group (LON:), has announced that its matching engine will be used to power a new Hong Kong-based digital assets exchange. The news was announced in an LSEG Technology press release Jan. 22.
The forthcoming digital assets exchange — dubbed AAX — comes from blockchain and crypto-focused fintech firm ATOM Group. The platform will reportedly become the first digital assets exchange to use LSEG Technology’s so-dubbed “Millennium Exchange,” which is a low latency and scalable matching engine already reportedly in use at traditional exchanges such as LSE, Borsa Italiana, the Oslo Stock Exchange, and others.
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