Patent ID: 8583541
Filing Date: 2013-11-12
Classification: G06Q

Abstract:
1. A system including: a gateway, wherein the gateway is configured to receive a definition for a first event, wherein the definition for the first event includes a rate market data is received from an electronic exchange, wherein the gateway is configured to receive market data from the electronic exchange, wherein the market data is related to a tradeable object being traded at the electronic exchange, wherein the gateway is configured to generate a first market update to be sent to a client entity, wherein the first market update is based on the market data and a first price coalescing interval, wherein the gateway is configured to send the first market update to the client entity, wherein the gateway is configured to determine whether the first event has been detected, wherein the first event is detected when the rate market data is received from the electronic exchange conforms to the rate defined for the first event, wherein the gateway is configured to generate a second market update to be sent to the client entity, wherein the second market update is based on the market data and a second price coalescing interval, wherein the second price coalescing interval is determined based on detection of the first event, and wherein the second price coalescing interval is different from the first price coalescing interval in response to the first event being detected, and wherein the gateway is configured to send the second market update to the client entity.