System and Method for Coalescing Market Data at a Client Device

Abstract

A client device coalesces data received from an exchange, and provides a client application such as a graphical user interface with the opportunity to process fewer, but up-to-date, data updates from an exchange when a large volume of prices becomes available. Accordingly, the trader can be assured of receiving updated information that are fed to the client applications at a rate that is cohesive with that client device's processing speed.

1 . A method for coalescing market data at a client device, the method comprising the steps of:
 receiving at a client device a first market data update;   notifying a graphical user interface of the first market data update;   receiving at the client device a second market data update;   replacing the first market data update with the second market data update; and   retrieving the second market feed update by the graphical user interface.