A system and method are provided to intelligently limit the frequency at
which automated or semi-automated trading tools move or re-price orders
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.