Bitfinex unveils proprietary exchange monitoring tool to battle market abuse

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– Paolo Ardoino, CTO at Bitfinex

Shimmer utilizes the Rust programming language for the high-speed processing of voluminous trade and order data. “This tool is especially relevant for our futures and margin funding products,” said Ardoino. “We chose to use the Rust programming language for its execution speed and programming safety.”

Bitfinex’s high-performance infrastructure and connectivity supports a variety of trading strategies. The company offers a variety of services; including margin trading with up to 5x leverage, and perpetual swap contracts offering 100x leverage through its affiliate, iFinex Financial Technologies Limited.

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