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Methods and systems to prevent the adverse effects of exchange restrictions

机译:防止汇率限制的不利影响的方法和系统

摘要

Methods and systems to prevent adverse exchange limit effects are disclosed. An example method of message management includes tracking, at a gateway, a transaction count of trade messages communicated to an exchange via an exchange link. The example method includes defining a first transaction limit based on the transaction count, and calculating a second transaction limit as a function of the first transaction limit, wherein the second transaction limit is to correspond to a reserve capacity associated with the exchange link. The example method includes assigning a message priority to each of a plurality of trade messages to communicate to the exchange. The example method includes communicating trade messages of the plurality of trade messages having a first message priority to the exchange when the transaction count is greater than the second transaction limit, and delaying or rejecting trade messages of the plurality of trade messages having a second message priority.
机译:公开了防止不利的交易所限制作用的方法和系统。消息管理的示例方法包括在网关处跟踪通过交易所链接传递给交易所的交易消息的交易计数。该示例方法包括基于交易计数定义第一交易限额,以及根据第一交易限额计算第二交易限额,其中第二交易限额对应于与交换链接相关联的储备容量。该示例方法包括向多个交易消息中的每一个分配消息优先级以与交易所进行通信。该示例方法包括:当交易计数大于第二交易限制时,将具有第一消息优先级的多个交易消息中的交易消息传递给交易所;以及延迟或拒绝具有第二消息优先级的多个交易消息中的交易消息。 。

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