Optimization processor for electronic data multiple transaction request messages

A system comprising:

• an optimization processor configured to:
• receive, prior to receipt by a match engine, an electronic message comprising data indicative of a plurality of related electronic transaction requests to be attempted to be matched by the match engine with at least one previously received but unsatisfied electronic transaction request for a transaction which is counter thereto with a result thereof being stored in an order book data object coupled with the match engine, each of the plurality of related electronic transaction requests comprising a request for performance of a transaction for a quantity of a data object at a value, wherein at least one of the plurality of related electronic transaction requests is characterized as having a best value of the values of the plurality of plurality of electronic transaction requests;
• and
• determine that an attempt to match the electronic transaction request associated with the best value by the match engine with at least one previously received but unsatisfied electronic transaction request for a transaction which is counter thereto will not result in at least partial satisfaction of one or both thereof, and based thereon, store, instead of forwarding the plurality of related electronic transaction requests to the match engine, data associated with the plurality of electronic transaction requests in the order book object without performance of the determination as to whether an attempt to match the electronic transaction requests, other than the electronic transaction request associated with the best value, with at least one previously received but unsatisfied electronic transaction request for a transaction which is counter thereto will or will not result in at least partial satisfaction of one or both thereof;
• and
• wherein a number of electronic transaction requests for which the determining is performed is thereby reduced.

A system comprising:

• means for receiving, prior to receipt by a match engine, an electronic message comprising data indicative of a plurality of related electronic transaction requests to be attempted to be matched by the match engine with at least one previously received but unsatisfied electronic transaction request for a transaction which is counter thereto with a result thereof being stored in an order book data object coupled with the match engine, each of the plurality of related electronic transaction requests comprising a request for performance of a transaction for a quantity of a data object at a value, wherein at least one of the plurality of related electronic transaction requests is characterized as having a best value of the values of the plurality of plurality of electronic transaction requests;
• and
• means for determining that an attempt to match the electronic transaction request associated with the best value by the match engine with at least one previously received but unsatisfied electronic transaction request for a transaction which is counter thereto will not result in at least partial satisfaction of one or both thereof, and based thereon, storing, instead of forwarding the plurality of related electronic transaction requests to the match engine, data associated with the plurality of electronic transaction requests in the order book object without performing the determining as to whether an attempt to match the electronic transaction requests, other than the electronic transaction request associated with the best value, with at least one previously received but unsatisfied electronic transaction request for a transaction which is counter thereto will or will not result in at least partial satisfaction of one or both thereof;
• and
• wherein a number of electronic transaction requests for which the determining is performed is thereby reduced.