A venue adapter makes assumptions explicit
Axient is venue-agnostic at the accounting layer, not venue-indifferent. A venue adapter translates the particular market’s order, balance, execution, settlement, and finality behavior into a bounded interface used by the reference design.Adapter responsibilities
- Describe the market’s payoff and outcome-asset relationship.
- Normalize executable order and balance information.
- Identify execution and settlement events.
- Report finality and payout information from the venue.
- State capability limits and reject unsupported transitions.