# VeriTrade™ from Vermiculus wins 'Best Matching Engine for Exchanges and Electronic Trading Venues' at TradingTech Insight Awards USA 2026

- Link: https://www.thailand-business-news.com/pr-news/veritrade-from-vermiculus-wins-best-matching-engine-for-exchanges-and-electronic-trading-venues-at-tradingtech-insight-awards-usa-2026
- Published: 2026-06-12T16:22:00+07:00
- Author: PR Newswire

**_Powering 24/7 markets across all asset classes and trading models_**

NEW YORK, June 12, 2026 /PRNewswire/ — Vermiculus, a global independent provider
of market infrastructure solutions, and its trading product [VeriTrade](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4710271-1&h=1531360861&u=https%3A%2F%2Fwww.vermiculus.se%2Fsolutions-transforming-the-financial-markets%2Fveritrade-ultra-low-latency-trading-platform%2F&a=VeriTrade)
has been awarded Best Matching Engine for Exchanges and Electronic Trading Venues
at the 2026 TradingTech Insight US Awards 2026. 

The award recognizes VeriTrade’s innovation in delivering 24/7 trading, ultra-low,
deterministic latency and extreme throughput (18us @50,000tps, 100us@850,000tps),
combined with the flexibility and scalability required to support modern, continuously
operating markets. 

_"It is great to see_ _VeriTrade_ _recognized with this award,_" says Johan Norén,
System Architect for VeriTrade at Vermiculus. 

_"With markets moving towards_ _24/7_ _trading, the ability to_ _operate_ _reliably
around the clock is becoming critical._ _VeriTrade_ _is designed with this in mind,
combining deterministic performance with key capabilities such as intra-day updates
of reference data,_ _resilient architecture,_ _and advanced memory management,_ 
_ensuring stable and predictable operations in continuously running markets._"

Built on a modular design, VeriTrade also supports emerging use cases such as prediction
markets alongside crypto and traditional asset classes both for exchanges targeting
institutional as well as retail customers.

Its flexible architecture allows venues to adapt quickly to evolving market demands
and regulatory requirements, without compromising performance. 

Vermiculus index engine further extends VeriTrade with integrated index capabilities,
enabling markets to build and grow their index business. It supports both Price 
Return and Total Return indices and enables additional calculation methodologies
to be introduced as needed.

VeriTrade can be deployed in the cloud, on-premises, or in a hybrid setup. This 
gives operators flexibility while keeping full control of their infrastructure.

_"We have no strategic, commercial, or technical alignment with any specific cloud,
hosting, or infrastructure provider. This allows our clients to_ _retain_ _full 
flexibility and control over their technology choices,"_ comments Alexander Kilian,
Principal Architect at Vermiculus.

All Vermiculus solutions are built, delivered, and supported using Vermiculus project
model with dedicated teams. This ensures deep expertise, continuity, and world-class
support throughout the entire system lifecycle. 

_Johan Norén, System Architect for VeriTrade, and Alexander Kilian, Principal Architect._

**About Vermiculus Financial Technology**

Vermiculus Financial Technology AB provides best-in-class trading, clearing, and
CSD solutions to market participants around the world. Vermiculus’ solutions are
the first to bring state-of-the-art advances in dynamic microservice architecture
together with vast experience in clearing house, exchange, and CSD business requirements.
The company started its operation in 2020 and is founded by industry experts with
the incentive to revolutionize the technology of exchanges, clearing houses, and
CSDs. With its headquarters in Stockholm, Sweden, Vermiculus consists of hand-picked
teams, trained to deliver mission-critical solutions. With decades of accumulated
knowledge and expertise, the team has previously completed 5+ projects for the world’s
largest exchanges, clearing houses, and CSDs. 

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[https://news.cision.com/vermiculusft/r/veritrade–from-vermiculus-wins–best-matching-engine-for-exchanges-and-electronic-trading-venues–a,c4362103](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4710271-1&h=2756210284&u=https%3A%2F%2Fnews.cision.com%2Fvermiculusft%2Fr%2Fveritrade--from-vermiculus-wins--best-matching-engine-for-exchanges-and-electronic-trading-venues--a%2Cc4362103&a=https%3A%2F%2Fnews.cision.com%2Fvermiculusft%2Fr%2Fveritrade--from-vermiculus-wins--best-matching-engine-for-exchanges-and-electronic-trading-venues--a%2Cc4362103)

The following files are available for download:

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[https://news.cision.com/vermiculusft/i/alexanderkilian-vermiculus,c3546224](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4710271-1&h=3787634310&u=https%3A%2F%2Fnews.cision.com%2Fvermiculusft%2Fi%2Falexanderkilian-vermiculus%2Cc3546224&a=https%3A%2F%2Fnews.cision.com%2Fvermiculusft%2Fi%2Falexanderkilian-vermiculus%2Cc3546224)

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AlexanderKilian Vermiculus

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[https://news.cision.com/vermiculusft/i/johannoren-vermiculus,c3546225](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4710271-1&h=2021048178&u=https%3A%2F%2Fnews.cision.com%2Fvermiculusft%2Fi%2Fjohannoren-vermiculus%2Cc3546225&a=https%3A%2F%2Fnews.cision.com%2Fvermiculusft%2Fi%2Fjohannoren-vermiculus%2Cc3546225)

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JohanNoren Vermiculus

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