Capital Markets and Settlement
Where milliseconds become incidents and ordering becomes money.
고급 · Lessons 34 · Lab 10
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Curriculum
The Order Lifecycle and the Clock
Market Data Feeds — Sequence and Latency
Clearing, Settlement and Card Authorisation
The Marks Market Hours and Regulation Leave on a System
Order state machine and quantity invariants
Rebuilding the order book from a snapshot and increments
Not sending an order twice when a crashed process resumes
Trading day, session hours and time zones
Risk limits applied before an order leaves
Trade busts, adjustments, and ledger reversals
Breaking order path latency into hops