Eurex
In order to reduce the complexity on the participant side active in FX products on the T7-FX trading system, Eurex Exchange will replace the existing dual-gateway solution with the Passive Liquidity Protection (PLP).
With this change, Eurex Exchange only replaces a hardware-based solution with a software-based solution, but does not intend to change the overall FX market structure. The deferral time remains at the current level. The introduction will take place together with T7 Release 7.1 on
27 May 2019.
PLP will be activated in the simulation environment for all FX products with a production-like deferral time starting on 29 April 2019.
In order to replace the existing dual latency paths for the Eurex T7/FX Market with the Passive Liquidity Protection, amendments of the General Terms and Conditions to the Connection Agreement and to the General Terms and Conditions to the Provider Connection Agreement are necessary (as attached to this circular). These amendments will come into effect on 27 May 2019.
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.
