SYSTEM AND METHOD FOR VARIABLY REGULATING ORDER ENTRY IN AN ELECTRONIC TRADING SYSTEM

摘要

A system and method are provided to intelligently limit the frequency at which automated or semi-automated trading tools move or re-price order in an exchange order book. A tolerance may be input that limits when one or more orders in the exchange order book are moved from one price to another. The system and method assist in reducing the number of orders that are entered into the system which can lead to reduced exchange transaction fees, lost queue position, and reduce network bandwidth consumption.