Generating market information based on causally linked events

A method comprising:

• receiving, by a first computing device, a data message associated with a tradeable object, wherein the data message includes an instruction to initiate a market event;
• determining, by the first computing device, if the initiated market event results in the generation of two or more market messages relating to the initiated market event;
• classifying, by the first computing device, the generated two or more market messages as part of a sequence of causally linked market messages that relate to the initiated market event;
• queuing, by the first computing device, the sequence of causally linked market messages;
• detecting, by the first computing device, an end of the sequence of causally linked market messages;
• generating, by the first computing device, a logically reduced market data message construct descriptive of the two or more market messages represented by the queued sequence of causally linked market messages, wherein the logically reduced market data message construct groups together market messages related to the initiated market event;
• and
• transmitting the logically reduced market data message construct from the first computing device to a second computing device.