iCDA: Continuous Double Auction on the Web

This paper describes the implementation and design of a web-scale electronic continuous double auction system. The intention of this system is to facilitate multiple simultaneous participants in the form of autonomous trading agents; an individual agent may only trade in a single market at a time, though a single commodity may be traded in multiple markets by multiple agents simultaneously. The distributed system itself comprised of distinct servers for hosting marketplace, agent, and load balancing software is designed to run on the commodity hardware o ered by services like Google App Engine, Amazon Web Services, Linode, and SliceHost. The system accepts new requests via a RESTful API, and the process of starting, running, and terminating a job is entirely automated. The system also includes a web-based reporting interface for testing and