23 May 2013


Information provided by BaFin on the German High-frequency Trading Act

On behalf of BaFin we circulate the attached document “Information provided by BaFin on the German High-frequency Trading Act”. On 15 May 2013, the German High-frequency Trading Act (“Hochfrequenz-handelsgesetz”) that addresses measures and procedures to regulate algorithmic trading and high-frequency trading, has become effective.

The BaFin document contains further information on the German High-frequency Trading Act. BaFin has requested  Eurex to disseminate the attached document to exchange members (direct participants) connected to the exchange system, and alongside has requested direct participants to further distribute  the attached document to their known clients (indirect participants).

Market Status


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.

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