System and method for coalescing market data at a network device
AssigneeTrading Technologies International, Inc.
InventorsJens-Uwe Schluetter, Stephen A. Schwarz
Life of this patent
Estimating the term…
Abstract
A network device coalesces data received from an exchange, and provides a user with the opportunity to receive fewer, but up-to-date, data updates from an exchange when duplicate prices become available or a large volume of prices becomes available suddenly. Accordingly, the trader can be assured of receiving non-duplicated prices that are fed at a rate that is cohesive with that trader's connection speed. The present invention is designed to conserve on bandwidth thereby increasing the likelihood that bandwidth will be available to receive desirable market information.
Claims20
A method for distributing data for a tradeable object, the method comprising:
- distributing, via a network device, market data to a plurality of client devices, where for each client device of the plurality of devices, the market data is distributed at a level of service for a connection between the network device and the client device and includes coalesced market updates in response to a data feed for the market data being received at the network device at a rate being greater than the level of service.
A non-transitory computer readable medium having computer executable instructions stored thereon which when executed cause a computer to carry out acts comprising:
- distributing, via a network device, market data to a plurality of client devices, where for each client device of the plurality of devices, the market data is distributed at a level of service for a connection between the network device and the client device and includes coalesced market updates in response to a data feed for the market data being received at the network device at a rate being greater than the level of service.
Dependencies are inferred from the claim text.