Together with the implementation of Eurex Release 14.0, which is scheduled for November 7, 2011, the Eurex Exchanges will lay the foundations for the next phase of its Technology Roadmap pursuing the Deutsche Börse Group IT strategy for the implementation of a new trading and clearing infrastructure. The new infrastructure will ultimately replace VALUES API and the MISS-based architecture in the mid-term.
The next phase of the Eurex Technology Roadmap consists of a number of components which not only include technical and functional changes to the existing Eurex® system and its interfaces but also introduces new interfaces, additional connectivity options and also encompasses infrastructure changes. In this circular Eurex provides Members with more detailed information on the following roadmap components:
- Decommissioning timeline for trading and clearing functionality from VALUES API
- Eurex interface and service portfolio
- Extension of the Eurex network connection portfolio
- Interface pricing scheme
- Consolidation of the Eurex data centres and co-location
The primary objectives of the next phase of the Eurex Technology Roadmap are to facilitate a smooth migration to the new trading and clearing infrastructure. The new concept for Member interfaces not only provides a more flexible access to the Eurex® system in terms of connectivity options but will also enable a seamless integration of the new interfaces into Members’ existing trading and clearing system landscape.
The use of new state-of the-art hardware for the Eurex matching engines and the implementation of a new high-speed network infrastructure in the co-location facility will provide latency-sensitive applications with unprecedented access to the Eurex® trading system and significantly improve overall latencies.