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Exchange8:OMS — peg, iceberg & conditional orders

The peg/iceberg supervision and conditional-order trigger engine: it supervises pegged orders (primary/market/midpoint peg, dark variant), slices iceberg orders into display pieces at the matching engine, and holds stop/stop-limit/trailing-stop/conditional (OCO, bracket) orders in its trigger engine — releasing them to Exchange8:ME only when their trigger fires.

Use cases​

  • Pegged orders — the peg pricing core is a pure function over the quote snapshot; a market-peg ratchet is monotonic and the limit-conversion rule is provably identical run-to-run.
  • Iceberg orders — display slices plan at the ME; the hidden quantity surfaces per the slice plan without leaking intention.
  • Conditional orders — stop, OCO, and bracket orders rest in the trigger engine (never in the ME book) and release when the market condition fires.

Full documentation​

The complete detail lives in this product's sub-pages:

  • Architecture (DDD) — the full document, harvested from the unit's repository at build time.
  • Business rules (BRD) — the full document, harvested from the unit's repository at build time.
  • Security — the full document, harvested from the unit's repository at build time.
  • Overview (repo README) — the maintainer's README in the consolidated reference section.