Patent ID: 8219482
Filing Date: 2012-07-10
Classification: G06Q

Abstract:
1. A method for providing market data to a client entity in an electronic trading environment, the method including: receiving by a computing device first market data in a first message from an electronic exchange, wherein the first market data includes a first price for a parameter for a tradeable object; storing by the computing device the first price; receiving by the computing device second market data in a second message from the electronic exchange, wherein the second market data includes a second price for the tradeable object, wherein the second price is for the same parameter as the first price; calculating by the computing device a difference, wherein the difference is the change in value between the first price and the second price; encoding by the computing device the calculated difference, wherein the calculated difference is encoded by providing the calculated difference to a statistical data encoder as an input symbol, wherein the statistical data encoder provides an encoded difference representing the calculated difference; generating by the computing device an update message including the encoded difference; and sending by the computing device the update message to a client entity.