Thursday June 13 2013
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
Eurex Exchange has been operating since Monday, 10 June, entirely on Deutsche Börse Group’s global trading architecture. The fixed-income derivatives segment, including highly liquid Euro-Bund, Euro-Bobl and Euro-Schatz futures, was the last to migrate from the previously used system. The new platform meets the needs of Eurex Exchange participants in terms of enhanced performance, efficiency and capacity, more connection options and improved functionality, while maintaining the high stability and availability that traders are used to. This technology has already been successfully used since April 2011 by the International Securities Exchange (ISE), the leading U.S. options venue and Eurex Exchange’s partner exchange.
The global trading architecture offers considerably more flexibility, which will also enable faster time-to-market implementation in the future. The high-performing messaging architecture provides lower latency and faster communication and is based on extremely reliable database systems. Eurex Exchange participants also benefit from improved functionality including a comprehensive spread matrix, which offers 190 calendar spreads for EURIBOR futures and user-defined options strategies.
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