Aug 24, 2026
Eurex
Eurex Readiness Newsflash | MiFID II/MiFIR order flagging requirements: Reminder of Algo ID solution and CUE pre-validation tool – Changed requirements with T7 Release 15.0
As announced with Eurex Circular 037/26 from 16 June 2026, we kindly remind you of the changes to the Algo ID solution, the Common Upload Engine (CUE) validations for Short Code ID and Algo ID uploads, and an enhancement of the Short Code ID and Algo ID error reports, which will be introduced with T7 Release 15.0 on 9 November 2026.
Simulation start: 31 August 2026
Production start: 9 November 2026
Please be reminded that Trading Participants are required to familiarize themselves with the new requirements for the Algo ID solution, including the submission of information on substantial updates to their trading algorithms and the annual submission of test documentation explaining the means of testing. This information is also required for new trading algorithms.
In addition, the CUE pre-validation tool for Short Code ID and Algo ID upload files will be decommissioned, and upload validations will be limited to checks of file type, file structure, and naming convention. For intraday uploads, comprehensive validation results of the file content are provided to Trading Participants via intraday reports TR160 - TR163 at 10 AM, 2 PM, and 6 PM (CE(S)T), in addition to the end-of-day reports.
Furthermore, the existing field “processingTime” in Short Code ID and Algo ID reports TR160, TR162, TR169 will be enhanced for error 1 “ShortCodeID registration / AlgoID registration is missing”. The timestamp of the Short Code ID or Algo ID missing identification will be added. Therefore, the format of the field changes and Trading Participants shall adhere to the new field format.
For further regulatory and functional information, please refer to the circular published on 16 June 2025, the new “sample upload file Algo ID”, the dedicated “Reporting handbook for audit trail and other regulatory reporting under the MiFID II / MiFIR regime”, the “Mini Reporting handbook Short Code and AlgoIDs”, the “CUE validation and file specification Short Code ID and Algo ID” and the “User guide GUI Short Code ID and Algo ID Upload” on the Eurex website under the following path:
Rules & Regs > Regulations > MiFID II/MiFIR > Client & Member Reference Data
For further technical information, please refer to the T7 final Release Notes published on 17 August 2026 under the following link: T7 Release 15.0.
If you have any questions or comments, please send an e-mail to: mifid.reporting@deutsche-boerse.com.
Kind regards,
Your Client Services Team
Further Information
Recipients: | All Trading Participants of Eurex Deutschland and Vendors | |
Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination | |
Related circulars: | Eurex Circular 037/26 | |
Contact: | mifid.reporting@deutsche-boerse.com | |
Web: | Rules & Regs > Regulations > MiFID II/MiFIR > Client & Member Reference Data |
