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Sticky order routers

  • US 10,263,888 B2
  • Filed: 09/30/2010
  • Issued: 04/16/2019
  • Est. Priority Date: 09/30/2010
  • Status: Active Grant
First Claim
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1. A method for managing trading communications with an electronic exchange, the method comprising:

  • establishing, via a processor of a client device, a communication link between a client device and an electronic exchange, the communication link for electronically communicating, via a first order router, multiple messages from the client device to the electronic exchange and from the electronic exchange to the client device for transacting multiple orders for at least one tradeable object at the electronic exchange;

    assigning, via the processor of the client device, a communication session for the client device and the first order router according to historical data of trading volume for a trader associated with the client device, where the communication session includes the multiple messages from the client device to the electronic exchange and from the electronic exchange to the client device via the first order router;

    comparing, via the processor of the client device, communications traffic between the first order router and the electronic exchange for the communication session to a predetermined communications threshold;

    determining, via the processor of the client device, whether the communications traffic exceeds the predetermined communications threshold; and

    in response to determining that the communications traffic exceeds the predetermined communications threshold, re-assigning, via the processor of the client device, the communication session to a second order router in communication with the electronic exchange, where, subsequent to the assigned communication session being reassigned to the second order router, multiple subsequent electronic trading communications from the client device to the electronic exchange and from the electronic exchange to the client device are via the second order router.

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