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Oct 12, 2011

Eurex

Decommissioning of the MISS-based Market Maker Connection Monitor Facility

In 2005, Eurex introduced the Market Maker Connection Monitor facility for the exclusive use by Permanent and Advanced Market Makers. At that time, the purpose of this facility was to monitor the connection between the Eurex back-end and a dedicated MISS as specified by the exchange participant. A subsequent connectivity loss between the Eurex back-end and the MISS would trigger the deletion of all quotes entered under the respective Member ID and registered trader subgroup(s).
Since the original introduction of this feature, Eurex has made significant enhancements to its back-end infrastructure which has subsequently resulted in the necessity for additional overhead back-end processing in order to maintain the Market Maker Connection Monitor facility.
Due to the fact that the significant majority of options quotes are now being submitted via the Enhanced Transaction Solution interface, which itself offers superior facility for the detection of a technical failure and the subsequent deletion of quotes, Eurex will now decommission the MISS-based Market Maker Connection Monitor facility.
Members are advised that the Market Maker Connection Monitor facility will be decommissioned from the Eurex® System as of October 28, 2011.
If you have any questions or require further information, please contact your Technical Account Manager using your VIP number, or the Eurex Customer Technical Support, tel. +49-69-211-1 12 00 or via e-mail: cts@deutsche-boerse.com.

Market Status ⓘ

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The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message. 

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