Feb 03, 2023
Eurex Clearing
Eurex Clearing Readiness Newsflash | “Transaction duration extension to T+10’’: effective from today, 3 February 2023
Dear Client,
With this Newsflash, we would like to inform that, effective from today, 3 February 2023, Eurex Clearing will temporarily extend the Historical Trades transfer in FIXML and GUI from T+5 to T+10.
With this extension of the transaction duration (lifetime of a transaction), the transaction management period will be extended from T+5 to T+10, effective from today, 3 February 2023. This primarily affects the transactions that have been traded since 27 January 2023. This extension allows Clients to perform transaction management functions as well as full trade recovery up to 10 business days, i.e. T+10:
- Transactions are kept for 10 days which allow historical adjustments for 10 days
- FIXML messages are kept with a 10 day history to be able to do a re-send, if needed
To avoid potential performance issues, Eurex Clearing recommends performing full trade recovery only after trading hours. Eurex Clearing monitors the AMQP Broker performance constantly and will adjust the Historical Trades transfer on short notice, back to T+5, if this should be necessary for technical reasons.
It is intended to return the Historical Trade transfer settings back to T+5 effective 15 February 2023. The date will be confirmed by separate Newsflash during next week.
If you have any further questions or comments, please send an e-mail to: client.services@eurex.com.
Kind regards,
Your Client Services Team
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Recipients: | All Clearing Members, ISA Direct Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors | |
Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration | |
Contact: | client.services@eurex.com | |
Web: | https://www.eurex.com/ec-en/ |
