grarpamp:

> What software is out there that implements an exchange itself?
> Be it for currency pairs, stocks, or commodity trade floor.
> Currency pairs being the primary example above.

Centralized model:

http://buttercoin.net/ (old, last commit 2 years ago)

Decentralized:

https://bitsquare.io/ (but it’s not very popular yet, not much trade volume)
http://www.coinffeine.com/ (not much info on it)

Personally I don’t see these programs ever netting enough trade volume to rival 
top private exchanges. Traders won’t show up if the liquidity isn’t there.

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