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It sounds like a problem that's hard to solve exactly but easily enough to get a close-enough solution Maybe an exchange operator can chime in
2/ CEX matching engines use a thread per pair to increase efficiency, so a cascade-FOK would require a mutex that locks X threads in order to complete. TLDR: it would be bad. I'll think about it a bit more. Tricky to make it working without counterparty risk for the CEX
Thanks!
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