Skip to main content

State 008: Rudimentary Order Manager and Matcher

State 008-order-management-matcher introduces a deliberately simple order-management model to demonstrate architecture and flow shape, not market microstructure correctness.

This state adds pending orders, cancel/force-fill workflows, and a basic matching loop on top of pricing + messaging foundations.

What This State Adds​

  • User order ticket and account-scoped order blotter.
  • Admin screen for global order inspection, cancel, and force-fill actions.
  • Basic matching engine behavior:
    • evaluate open orders against streaming prices,
    • auto-fill rules for in-the-money orders,
    • emit fills as trade events into the existing trade/position pipeline.
  • Order-focused observability metrics and dashboard coverage.

Messaging Architecture (State 008)​

Why “Rudimentary” Is Intentional​

  • The matching logic is intentionally simple for learning and extension.
  • The state demonstrates where richer matching policies, risk checks, and lifecycle controls would plug in.
  • Teams can branch from this state to build more realistic order workflows without redesigning the system spine.

Spec + Code Links​