T7 Release 9.0
Eurex Exchange introduced T7 Release 9.0 in November 2020. An overview of the release content relevant for Trading Participants is available on this website.
Simulation start: 14 September 2020
Production start: 23 November 2020
- System Documentation
- Circulars
- Readiness Videos
Circulars
- Eurex Circular 086/20 T7 Release 9.0: Important information for production start
- Eurex Circular 030/20 Announcement of T7 Release 9.0
Newsflashes
- Eurex Exchange Readiness Newsflash | Update of the T7 Release 9.0 Release Notes containing important information regarding the ETI Backward Compatibility Mode
- Eurex Exchange Readiness Newsflash | Eurex T7 Release 9.0 updates: Readiness Statement availability; Decommissioning of four low-frequency gateways in the T7 simulation environment
- Eurex Exchange Readiness Newsflash | Eurex Exchange's T7 Release 9.0 – Update regarding EFS Trade Field "SwapClearer"
- Eurex Exchange Readiness Newsflash | Eurex Exchange's T7 Release 9.0 – Publication of documentation
Release Items/ Participants Requirement
Feature/Enhancement | Participant requirement | Action Item |
Standardized TED spreads | The standardized TED spreads based on the fixed-income Schatz future (FGBS) and the two-year bundle of the Euribor future (FEU3) consisting of eight consecutive maturities covering a time frame of two years. | n/a |
Basis Trading for Eurex EnLight | This functionality which will allow a negotiation workflow for outright futures trading, will reduce the underlying delta risk of the responder as the negotiation is only around the basis between the underlying and the future. | n/a |
Electronic processing of off-book reversals | The Eurex Trade Entry Service (TES) workflow will include also reversal processing. The TES workflow will cover electronic reversal requests of TES trades allowing Initiator to trigger trade reversal. This reversal will be available for almost all TES types (except basket TES trades, EBBs and Compression TES trades) | Check new process as described in the T7 Release 9.0 Release Notes |
Customer Handling Instruction field (FIX tag 1031) | Eurex will offer its Trading Participants the possibility to tag orders or TES trades submitted with Trading Capacity A according to the valid values defined by FIA using the FIX tag 1031. In case tag 1031 is left blank, an exchange default value will be applied. | Check the valid values as specified in in the T7 Release 9.0 system documentation |
Functional validation of trading capacity | Eurex will introduce a new validation for the usage of trading capacity Agency: The validation will verify whether the usage of this trading capacity is compliant with the Client Service Authorization of the trading participant. | Customer need to check their set-up, as check the new rules as specified in the T7 Release 9.0 system documentation |
New T7 FIX LF Gateway | Eurex will start to integrate the FIX gateway closer to the T7 architecture. This new customer interface, using the FIX 4.4 Protocol, will be offered in parallel to the existing FIX interface. A replacement will only take place after a transition period. Eurex will first introduce the new T7 FIX LF Gateways for back-office sessions in Q1 2021. | More information and action items to follow via Eurex Circular 012/21. |
In case of any questions or your require further information, please contact us at client.services@eurex.com.
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