From my experience, one of the biggest challenges is integrating real-time market data with minimal latency. It’s not just about speed; the accuracy of that data is critical, especially for high-frequency trading apps. And when it comes to regulatory compliance, you’re dealing with a constantly shifting landscape—what works in one country may not apply elsewhere.
Another underrated issue is user experience. People expect trading platforms to be intuitive, even though the underlying functionality is highly complex. Balancing this simplicity with the required depth of features can be a real headache for developers.
By the way, if you’re looking for a comprehensive guide on how to build a stock trading platform, this article does a great job breaking down the technical and business aspects:
how to build a stock trading platform. It discusses things like API integrations, order matching engines, and even cybersecurity measures, which are critical to success. Definitely worth a read!