GDAX Scheduled Downtime Process

The digital asset market is unique. Unlike markets for more
traditional financial products such as securities, commodities, and
bonds, digital assets trade 24/7/365. There are no “market hours”
or “after-hours trading”. Willing buyers and sellers may trade
whenever they like.

We believe this allows a more fair and transparent market to
develop. Traders around the world have equal opportunity to react
to information and participate in the price discovery process,
whether they are located in San Francisco, London, or
Singapore.

This presents unique challenges for a digital asset exchange. We
do not have the luxury of nights and weekends off. Our systems need
to provide a level of stability and performance that meets the
demands of professional traders any time of day. Customers need to
know that their order will be executed as instructed
every time.

Like any business we need periods of brief downtime to maintain
and upgrade our systems. Today, we published a Scheduled Downtime process to provide clarity
around that event. This process defines how we will announce,
implement, and recover from periods of downtime, ensuring we
maintain a fair and orderly market throughout the event.

We’re committed to operating an institutional grade exchange,
and implementing operational best practices is an important
component of that commitment. Start trading today by signing up for
a GDAX account.

GDAX Scheduled Downtime Process was originally
published in The GDAX Blog on Medium, where people are
continuing the conversation by highlighting and responding to this
story.

The digital asset market is unique. Unlike markets for more
traditional financial products such as securities, commodities, and
bonds, digital assets trade 24/7/365. There are no “market hours”
or “after-hours trading”. Willing buyers and sellers may trade
whenever they like.

We believe this allows a more fair and transparent market to
develop. Traders around the world have equal opportunity to react
to information and participate in the price discovery process,
whether they are located in San Francisco, London, or
Singapore.

This presents unique challenges for a digital asset exchange. We
do not have the luxury of nights and weekends off. Our systems need
to provide a level of stability and performance that meets the
demands of professional traders any time of day. Customers need to
know that their order will be executed as instructed
every time.

Like any business we need periods of brief downtime to maintain
and upgrade our systems. Today, we published a Scheduled Downtime process to provide clarity
around that event. This process defines how we will announce,
implement, and recover from periods of downtime, ensuring we
maintain a fair and orderly market throughout the event.

We’re committed to operating an institutional grade exchange,
and implementing operational best practices is an important
component of that commitment. Start trading today by signing up for
a GDAX account.

GDAX Scheduled Downtime Process was originally
published in The GDAX Blog on Medium, where people are
continuing the conversation by highlighting and responding to this
story.