Patent ID: 7848991
Filing Date: 2010-12-07
Classification: G06Q

Abstract:
1. A computer-based method for managing transaction messages in an electronic trading environment, comprising: defining at a computing device a trading strategy to be used at a client entity, wherein the trading strategy generates a number of transaction messages that are sent to an electronic exchange, wherein the trading strategy comprises a parameter that is used in generating the number of transaction messages; defining at the computing device a message usage threshold, wherein the message usage threshold is based on a number of transaction messages being generated by the trading strategy and sent from the client entity to the electronic exchange; dynamically determining at the computing device message usage associated with the client entity; determining by the computing device that the message usage associated with the client entity exceeds the message usage threshold; and automatically adjusting by the computing device the parameter of the trading strategy to generate a fewer number of transaction messages that are sent to the electronic exchange such that the message usage associated with the client entity does not exceed the message usage threshold, being used at the client entity when the message usage exceeds the message usage threshold.