Embodiments of the present invention are directed to computationally efficient methods and systems for managing connection-associated and exchange-associated resources within network proxies. In one embodiment of the present invention, a circular connection-switch queue is employed for allocating, de-allocating, and maintaining connection-based or exchange-based data resources within a proxy. The connection-switch queue includes a free pointer that identifies a next connection-switch queue entry for allocation, and an idle pointer that is incremented continuously or at fixed intervals as timers associated with connection-switch entries expire. In an alternate embodiment, the connection-switch queue includes a free pointer, an idle pointer, and a clear pointer.