Initiatives & Releases

T7 Release 11.0

With T7 Release 11.0 Eurex introduced the following functional enhancements: 

  • Pre-Trade Risk Limits enhancements for options  
  • Eurex Total Return Futures for French Government Bonds 
  • Publication of Herfindahl-Hirschman Index via Market Data  
  • Monday and Wednesday Weekly Option Contracts 
  • Tag 1031 “custOrderHandlingInst” Usage Adaptions 
  • Introduction of non-recoverable Eurex EnLight Quotes 
  • Off-book trades via T7-EOBI 
  • Message Encryption for ETI Low Frequency Gateways 

Please note that T7 Release 11.0 will not provide backwards compatibility for ETI or FIX. 

Simulation start: 12 September 2022
Production start: 21 November 2022

T7 11.0 timeline-01









System Documentation

Enhanced Trading Interface

FIX LF

  • T7 Disaster Recovery Concept 2023 - Interface Configuration Details v.1.1
    Published 15 May 2023 - This document provides an overview of Deutsche Börse’s disaster recovery concept for the T7 trading system. It contains the required technical background information as well as functional features and limitations to enable participants to continue trading in a DR situation.
  • N7_-_Network_Access_Guide.v.2.2.4
    Published 20 Feb 2023 - This document provides details on the network access options for T7 and Eurex Clearing's interfaces. It includes detailed technical background information, such as router equipment information and port numbers for the configuration of firewalls.
  • T7 Market Data Report Derivatives 2023-02-13
    Published 23 Feb 2023 - This file contains for one specific date (Frankfurt time) the number of packets per multicast address and port combination enhanced with the stream and market information. Please note that the number of packets varies per day and the “From” and “To” columns contain the first and last minute where data was received on that day for the respective combination.
  • T7 Market Data Report Cash 2023-02-13
    Published 23 Feb 2023 - This file contains for one specific date (Frankfurt time) the number of packets per multicast address and port combination enhanced with the stream and market information. Please note that the number of packets varies per day and the “From” and “To” columns contain the first and last minute where data was received on that day for the respective combination.

  • Known Limitations for T7 Release 11.0 Production v.1.0
    Published 17 Nov 2022 - At the moment we do not list any Known Limitations for T7 Release 10.0 production.
  • T7 Release 11.0 - Incident Handling Guide v.5.3
    Published 29 Aug 2022 - This document provides a detailed description of the reaction of Deutsche Börse's T7 trading system to technical incidents and provides best practices for handling them. In addition the document provides references to the respective focus days in the T7 simulation environment which are intended to simulate such incidents.

Circulars

Readiness Statement

We kindly ask all Trading Participants to submit the Readiness Statement for T7 Release 11.0 by Friday, 11 November 2022 latest. 

For your convenience a online submission process has been published. The online Readiness Statement is here available: Readiness Statement. Please enter your dedicated Eurex PIN in the online questionnaire. The PIN for your company has been sent to the Central Coordinator.

Readiness Videos

Release Items/Participants Requirements

Feature/Enhancement 

Details

Action Item

Pre-Trade Risk Limits Enhancements for Options 

Eurex will offer an enhanced calculation for the Pre-Trade Risk Limit (PTRL) consumption for Options. A different aggregation logic will be performed as compared to Futures products to address the position effect of orders and quotes entered and executed for Options products. This logic will follow the implementation already applied for the Market Maker Protection Delta Statistics Definitions.  

Trading Members are requested to get familiar with the new logic. 

Monday and Wednesday Weekly Options Contracts 

Necessary steps are taken to introduce integrated Monday and Wednesday Weekly Options contracts supplementing the already existing Friday Weekly Options contracts introduced by the Next Generation ETD Contracts initiative.  

Trading Members are requested to get familiar with the new logic. 

Tag 1031 “custOrderHandlingIns” Usage Adaptions 

The ETI/FIX LF Tag 1031 “custOrderHandlingInst” will become mandatory for all agency trading. Order entries and modifications without a submitted “custOrderHandlingInst” when the Trading Capacity Agency is used will be rejected. 

Trading Members and Vendors need to prepare for this changes and perform sufficient testing.

Whitepaper - Eurex Herfindahl-Hirschman Index for EOBI

Eurex becomes the first exchange providing a real-time data feed on the concentration of the passive side of trades and a pre-determined number of price levels within the order book.
Find out more!

Eurex Initiatives Lifecycle

From the announcement till the rollout, all phases of the Eurex initiatives outlined on one page! Get an overview here and find other useful resources.
Find out more!

Contacts

Eurex Frankfurt AG
Customer Technical Support / Technical Helpdesk

Service times from Monday 01:00 – Friday 23:00 CET
(no service on Saturday and Sunday)

Please contact your Technical Account Manager via your personal VIP number which can be found in the Member Section.

T +49-69-211-VIP / +49-69-211-1 08 88 (all)

cts@deutsche-boerse.com

Eurex Frankfurt AG
Key Account Management

Service times from 09:00 - 18:00 CET

T +49-69-211-10 333

client.services@eurex.com


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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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