Purp Trade
Trade engine

How it works

Trade engine

The trade engine is the server-side authority for app-level Tap Trades validation.

Validation

The trade engine checks identity, terms acceptance, session key status, quote freshness, market status, account balance, leverage, notional size, risk limits, and idempotency before a PaperTrade transaction is submitted.

Lifecycle

Every submitted action has a traceable lifecycle: created, signed, validated, submitted, confirmed, failed, reverted, reconciled, or settled.