Patent ID: 7831506
Filing Date: 2010-11-09
Classification: G06Q,H04L,H04W

Abstract:
1. A method for distributing market information, comprising: determining bandwidth usage of a communication link for market information for a tradeable object via a computing device; dynamically selecting between a first mode of transmission for the communication link and a second mode of transmission for the communication link according to the bandwidth usage of the available bandwidth for the communication link, where the first mode of transmission includes periodically transmitting a new market information snapshot identifying a predetermined number of bid orders and ask orders for the tradeable object, including a highest bid price for a tradeable object and a lowest ask price for the tradeable object, and where the second mode of transmission includes sending a market update message based on a predetermined time interval, the market update message including data retrieved from a data structure having consolidated market data corresponding to the tradeable object; and distributing the market information via the communication link according to the selected first mode of transmission or the second mode of transmission.