Controlling Operation of a Trading Algorithm Based on Operating Condition Rules

A computer readable medium having stored therein instructions executable by a processor, including instructions executable to:

• monitor by a deployment and execution manager in an electronic trading system operating condition data, wherein the operating condition data includes at least one of CPU load of an algorithm server and memory usage of the algorithm server;
• receive by the deployment and execution manager a first operating condition rule, wherein the first operating condition rule specifies a deployment condition that is applied to the operating condition data, wherein the deployment condition is associated with at least one of the CPU load of the algorithm server and the memory usage of the algorithm server;
• receive by the deployment and execution manager a command to initiate execution of a trading algorithm;
• detect by the deployment and execution manager, in response to the monitoring, an occurrence of a first favorable condition at a first time based on the first operating condition rule associated with the trading algorithm, wherein the deployment condition specified in the first operating condition rule is applied to the operating condition data;
• and
• send by the deployment and execution manager, in response to detecting the occurrence of the first favorable condition, a command to set a deployment flag to a trading device in the electronic trading system to indicate to the trading device approval to deploy the trading algorithm to the algorithm server in the electronic trading system in response to the trading device receiving the command to initiate execution of the trading algorithm, wherein the trading algorithm is configured to send trading actions to an electronic exchange in the electronic trading system.