While our constant effort is to keep the usual high availability rate of the Eurex T7 trading system, we want to support our trading participants to be prepared as best as possible for the rarely occurring incident cases. Therefore, we publish newsflash messages on a regular basis that explain the handling of various special incident cases or provide more general incident handling information.
Today we provide you with the information needed in case a delay in the matching engine processing takes place.
1. Background information
Large processing delays in the T7 matching engine (caused e.g. by technical problems or unexpected extreme loads) may lead to the build-up of internally queued orders.
To avoid processing of old orders and to quickly recover from this delay situation, the affected products change to an internal “not tradeable” state. This rarely occurring kind of incident is automatically detected and for the relevant products the following actions are taken:
2. Best Practice
If an ETI trading session receives the message “Product_temporarily_not_tradeable”, submission of new orders should be avoided until the “Service Resumed” notification is received, since the new order flow will only exacerbate the solution of the delay problem and the orders will be rejected anyway. Deletion of non-persistent orders and quotes already took place, so any clean-up can be limited to the deletion of persistent orders, if necessary.
3. Focus days in Simulation
This focus day scenario is provided to assist participants in testing the very rare event where massive processing delays occur on a partition. For further details please check on our website www.eurexchange.com the following documents:
under the following path: Technology > T7 Trading architecture > Release 8.1 (or the latest release version) > Simulation
under the following path: Technology > Simulation calendar
The latest news on the development and the implementation of T7 on Eurex is available on our Implementation News page under the path: Technology > T7 Trading architecture > Implementation news
4. Further information
For further information, please have a look at the “T7 Incident Handling Guide” (Chapter 3.6), under the following path: Technology > T7 Trading architecture > Release 8.1 (or the latest release version) > Production
If you have any further questions or comments please do not hesitate to contact your Key Account Manager or send an e-mail to email@example.com.
Your Client Services Team
All Trading Participants of Eurex Deutschland and Vendors
Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination
Your Key Account Manager or firstname.lastname@example.org
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.
We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.
An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.