Multicomputer distributed processing of trading information

A method performed by at least one processor, the method comprising:

• receiving data indicative of an order for an electronic exchange from a remote source, in which the order defines a side of a trade for a financial instrument by that least one processor;
• determining, based at least in part on historic information about the order, wherein the historic information about the order includes durations between prior cancellations of orders and prior receptions of the order, an intentional delay to utilize between receiving the data indicative of the order and searching stored orders for a matching order, in which the matching order defines an opposite side of the trade, by the at least one processor in response to receiving the data indicative of the order;
• delaying searching the stored orders for a time of the intentional delay in response to determining the intentional delay;
• in response to expiration of the time of the intentional delay, querying a plurality of order management systems to search the stored orders for the matching order, in which each respective order management system stores trading intentions of a respective participant, by the at least one processor;
• receiving data indicative of the matching order in response to the querying, by the at least one processor;
• and
• in response to receiving the data indicative of the matching order, executing the trade, by the at least one processor,
• wherein the intentional delay reduces information leakage.