Patent ID: 8301546

Claim:
A method including: receiving by a gateway a definition for a first event, wherein the definition for the first event includes a rate market data is received from an electronic exchange; receiving by the gateway market data from the electronic exchange, wherein the market data is related to a tradeable object being traded at the electronic exchange; generating by the gateway 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; sending by the gateway the first market update to the client entity; determining by the gateway 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; generating by the gateway 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 sending by the gateway the second market update to the client entity.