Customizable macro-based order entry protocol and system

摘要

The present technology is related to employing a template/macro-based order entry system. An initial order data message contains a macro that establishes the initial parameters for an order and a unique ID is associated with the template. Subsequent, and potentially smaller sized data messages contain the unique ID as well as relevant order details for placing an order. Of course, the technology described herein envisions a much broader concept of reducing message sizes to help improve overall latency and is not limited to order entry.

主权项

1. A method for processing order data messages, comprising:
in an information processing apparatus including at least a memory, a communication interface, and one or more processors:
receiving, using the communication interface, an initial order data message associated with an account and comprising an initial order, one or more static fields, and one or more variable fields;validating the initial order data message, using the one or more processors, and generating an order macro ID associated with the initial order included in the initial order data message;transmitting, using the communication interface, a data message including an acknowledgment of the received initial order data message and the generated order macro ID;receiving, using the communication interface, a subsequent order data message that references the initial order data message using the generated order macro ID, the subsequent order data message including information for an order using at least one variable field value for one of the one or more variable fields in the initial order data message; andgenerating, using the one or more processors, a complete order data message by combining values associated with the one or more static fields in the initial order data message with the at least one variable field value.