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Mar 20, 2008

Eurex

Eurex Release 11.0: Introduction

Eurex is planning to introduce Eurex Release 11.0 with major enhancements especially for risk management and clearing services.

The release is planned to be introduced on November 10, 2008. Simulation is scheduled for the period from September 15, 2008 until October 31, 2008.

Scope of Release 11.0

1. Clearing Enhancements:

  • Introduction of an Event Driven Risk Engine
  • Introduction of a Collateral Management Engine
  • Introduction of a Cash Routing Management Engine
  • Cross Currency Set-up of Products and Underlying
  • New calculation of contract size in the event of capital adjustments

2. Trading Enhancements:

  • Last trade prices / market depth for spreads
  • “One-Cancels-the-Other” (OCO) order
  • 6-digit order size

3. Technical Enhancements:

  • Stop button for trading members/NCMs
  • GUI enhancements
  • Sequencing of Enhanced Broadcast Solution trade information
  • Reports can be distributed to two MISSes
  • Theoretical Price Files
  • General system stability and performance enhancements

Market Status ⓘ

XEUR

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. 

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.