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08 Nov 2021

Eurex

T7 Release 10.0: Important information for production start

Eurex Circular 102/21 T7 Release 10.0: Important information for production start

1.   Introduction

Deutsche Börse Group will launch Release 10.0 of the T7 trading system on 22 November 2021.

The support window for T7 Release 10.0 will take place on Saturday, 20 November 2021, between 15:00 and 17:00 CET. Connectivity testing during the support window is strongly recommended for all participants and Multi-Member Providers.

The circular outlines the most important topics for the go-live preparation that should be considered for the production launch of T7 Release 10.0 as well as details about the support window.

Learn now more about T7 Release 10.0 on our dedicated initiative page on the Eurex website www.eurex.com under the following link: Support > Initiatives & Releases > T7 Release 10.0

System documentation, circulars, timeline and much more information is available there for you.

2.   Required actions

Participants are requested to perform the following actions not later than Friday, 12 November 2021:

  • Complete and return the production Readiness Statement for T7 Release 10.0 (see section 3.F.).
  • Register a technical contact who will be available during the support window (see section 3.E.).

3.   Details

Deutsche Börse Group will launch Release 10.0 of the T7 trading system on 22 November 2021. Please refer to the dedicated document “T7 Release 10.0 Final Release Notes” for a full overview of both the new and changed functional scope. The document is available on the dedicated initiative page via the link:

Support > Initiatives & Releases > T7 Release 10.0 > Overview and Functionality

A.  Backward compatibility

T7 Release 10.0 will not provide backwards compatibility for the T7 ETI/FIX LF/FIX Gateway/Market & Reference Data interface version 9.1, i.e. participants will have to use the new layouts and will not be able to connect to T7 with the interface layout version 9.1 anymore, after the production launch of T7 Release 10.0.

B.  Preparations for Friday, 19 November and Saturday, 20 November 2021

On Friday, 19 November 2021, T7 Release 9.1 will be in production for the last time. Reports for the business day 19 November 2021 can be expected at the usual time. On Saturday, 20 November 2021, Deutsche Börse will convert the T7 production system to Release 10.0 and initial reference data for business day 22 November will be available via RDI and RDF following the start of the system in preparation for the support window. 

C.  Support window for T7 Release 10.0 on Saturday, 20 November 2021

The T7 Release 10.0 support window will be conducted on Saturday, 20 November 2021, between 15:00 and 17:00 CET. Connectivity testing during the support window is strongly recommended for all participants and Multi-Member Providers to ensure connectivity for the start of trading on Monday, 22 November 2021. Please make sure that a staff member will be available to perform the login to the T7 production system (e.g. T7 Trader and/or Admin GUI and third-party applications).

At this time, the T7 production system will be available for connectivity testing on the ETI, RDI, FIX LF, EMDI and EOBI interfaces and via T7 Admin-, T7 Clearer- and T7 Trader GUI. Please note, participants will also have the opportunity to test the FIX LF trading sessions in production for the first time. The FIX gateways will be available for session login only (no other requests will be possible). No order and quote entries will be possible. Technical heartbeats via the market data interfaces will be disseminated.

The support window can be regarded as successful when

  • a message “Connection Test Eurex <hh:mm:ss>” appears with an increasing sequence number in the market news view (news board) of the T7 Trader GUI and the T7 Admin GUI. 
  • either a successful session or trader login via ETI or FIX LF interface or a successful session logon via the FIX gateway has been performed
  • technical heartbeats have been received on EMDI/EOBI/MDI/RDI addresses
  • functional heartbeats have been received on EMDI/EOBI/RDI addresses

Deutsche Börse will inform participants about the general progress of the support window via implementation news on the Eurex website available under the link:

Support > Information Channels > Implementation News

Following the end of the support window, the T7 10.0 production system will be shut down on 20 November 2021 at 18:00 CET1 and will be unavailable until Sunday evening, 21 November 2021.

The FIX gateway will be shut down at 17:30 CET.

D.  Monday, 22 November 2021 – Production start

The first trading day with T7 Release 10.0 will start at 01:15 CET, as usual. 

Please note: As the system will be re-started before Monday morning, the initial reference data file for the business day 22 November 2021 will be re-generated. As the reference data provided on 20 November 2021 via RDI and RDF prior to the support window may potentially contain some changes, participants are required to use the initial reference data provided following the system start for 22 November 2021.

Orders entered until 19 November 2021 (end of trading) but not executed, will continue to be available on 22 November 2021, unless other validity restrictions were set.

A list of any items that are relevant prior to the production start of T7 Release 10.0 will be provided as of 19 November 2021. This “known limitations” list will be available on the dedicated initiative page under the link:

Support > Initiatives & Releases > T7 Release 10.0 > Production

E.  Technical Contact for the support window

Please enter details of the contact person who will be available during the support window in the Member Section of Deutsche Börse Group not later than Friday, 12 November 2021, under the link: 

Member Section > Company Contacts > [+] Create Contact > Contact Types: Release

Please choose the category “Connection Test Responsible” and make sure to check the box “Eurex T7”.

This will ensure that Eurex will be able to reach you in any emergency between Saturday, 20 November 2021 and production start on Monday, 22 November 2021.

F.  Provision of the Readiness Statement

We kindly ask all Trading Participants to submit the Readiness Statement for T7 Release 10.0 by Friday, 12 November 2021 latest. Please note that all Trading Participants are required to provide the Readiness Statement.

The online Readiness Statement for T7 Release 10.0 can be found here: Readiness Statement

Please enter your dedicated Eurex PIN in the online questionnaire. The PIN for your company has been sent to the Central Coordinator.
 

Further information

Recipients:

All Trading Participants of Eurex Deutschland and Vendors

Target groups:

Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination

Contact:

Technical Key Account Manager via your VIP number or cts@deutsche-boerse.com

Web:

Support > Initiatives & Releases > T7 Release 10.0

Authorized by:

Randolf Roth


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.

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