Fiotech Exchange

Table of Contents

1. Introduction
2. Overall Description
3. System Features & Functional Requirements
4. External Interface Requirements
5. Non-Functional Requirements
6. Other Requirements
7. Appendices

1 Introduction

1.1 Purpose

This Software Requirements Specification (SRS) defines the functional and non-functional requirements for Fiotech Exchange, a comprehensive centralized and decentralized trading platform built on the Fiotech network. The platform combines the best of both CEX and DEX features to provide a unified trading experience for the Fiotech ecosystem.

1.2 Scope

• Hybrid Exchange Architecture combining CEX and DEX features
• Multi-asset trading supporting all Fiotech ecosystem tokens
• Advanced trading features including spot, futures, and options
• Liquidity aggregation from multiple sources
• Professional trading tools with advanced charting and analytics
• Integration with FTC Wallet and ecosystem DeFi protocols

Note: Fiotech Exchange prioritizes security, compliance, and user experience while maintaining decentralization principles.

1.3 Definitions, Acronyms & Abbreviations

1.4 References

• IEEE Std 830-1998 – Recommended Practice for SRS
• DeFi Security Best Practices
• Financial Regulations Compliance Guide
• Fiotech Technical Specification v1.0
• FTC DEX Technical Specification v1.0

2 Overall Description

2.1 Product Perspective

Fiotech Exchange serves as the central trading hub for the Fiotech ecosystem, offering:

• Unified Trading Interface for all ecosystem tokens
• Hybrid Architecture combining speed and decentralization
• Advanced Trading Features for professional traders
• Beginner-Friendly Tools for new users
• Deep Liquidity through aggregation and market making
• Institutional-Grade Security with regulatory compliance

2.2 Product Functions

1. Spot Trading – Immediate buy/sell with real-time settlement
2. Futures Trading – Leveraged trading with risk management
3. Options Trading – Advanced derivatives for hedging and speculation
4. Liquidity Provision – Earn fees by providing liquidity
5. Portfolio Management – Comprehensive asset tracking and analytics
6. Advanced Charting – Professional-grade technical analysis tools
7. API Trading – Algorithmic and bot trading support

3 System Features & Functional Requirements

3.1 User Authentication & KYC

3.2 Trading Engine

• FR-5: High-performance matching engine (>100K TPS)
• FR-6: Support for market, limit, stop, and advanced order types
• FR-7: Real-time price feeds with sub-second latency
• FR-8: Partial fill handling and order management
• FR-9: Cross-platform synchronization (web, mobile, API)

3.3 Market Types & Instruments

3.4 Liquidity Management

• FR-15: Automated Market Making (AMM) integration
• FR-16: Order book aggregation from external sources
• FR-17: Liquidity rewards and incentive programs
• FR-18: Dynamic fee structure based on volume and holdings

3.5 Risk Management

4 External Interface Requirements

4.1 User Interfaces

• Web Trading Platform: Advanced charting with TradingView integration
• Mobile App: iOS and Android with full trading functionality
• API Interfaces: REST and WebSocket APIs for algorithmic trading
• Admin Dashboard: Risk monitoring and exchange management

4.2 Blockchain Integration

• Fiotech Connection: Direct integration with mainnet and testnet
• Smart Contract Interaction: Automated settlement and custody
• Cross-chain Bridges: Support for multi-chain asset trading

4.3 External Services

• Price Oracles: Multiple oracle sources for accurate pricing
• KYC/AML Providers: Compliance verification services
• Banking Integration: Fiat on/off ramps for supported regions
• Market Data Vendors: Real-time and historical data feeds

5 Non-Functional Requirements

6 Other Requirements

6.1 Regulatory Compliance

• Financial regulations compliance for supported jurisdictions
• AML/KYC procedures with automated screening
• Reporting capabilities for regulatory authorities
• Data protection following GDPR and local privacy laws

6.2 Security & Custody

• Multi-signature wallets for hot and cold storage
• Insurance coverage for user funds and platform risks
• Regular security audits by third-party specialists
• Incident response plan for security breaches

6.3 Market Making & Liquidity

• Professional market makers partnership program
• Liquidity mining rewards for early adopters
• Cross-platform arbitrage tools and features
• Deep liquidity pools for major trading pairs

7 Appendices

Appendix A – Trading Pairs Priority

Appendix B – Fee Structure

Appendix C – API Rate Limits

Appendix D – Risk Management Framework

1. Pre-trade Risk Checks

   • Account balance verification
   • Position limit validation
   • Margin requirement calculation

2. Real-time Monitoring

   • Mark-to-market valuation
   • Margin level tracking
   • Exposure limit monitoring

3. Post-trade Processing

   • Settlement automation
   • Risk reporting
   • Compliance monitoring