Patent ID: 7899738

Claim:
A method for administering volume control for quote messages, the method comprising: receiving a mass quote message including a plurality of quotes for at least one financial instrument, the mass quote message being associated with a session; determining if the mass quote message falls within a predetermined window; calculating a first consumption value corresponding to quote messages; calculating a second consumption value corresponding to mass quote messages; comparing the first consumption value for compliance to a first predetermined threshold; comparing the second consumption value for compliance to a second predetermined threshold; setting by a computer a lockout variable to indicate that mass quote messages subsequently received will be accepted for processing in response to the first consumption value complying with the first predetermined threshold and the second consumption value complying with the second predetermined threshold; and setting the lockout variable to indicate that mass quote messages that fall within a subsequent predetermined window will be rejected for processing in response to the first consumption value not complying with the first predetermined threshold or the second consumption value not complying with the second predetermined threshold.