In line with its ongoing efforts to provide the best possible service, Eurex announces the latest T7 release, which comes with a rafft of new features, changes, and enhancements.

“Our T7 trading architecture is already equipped with cutting-edge technology. To maintain this high standard, regular improvements and further extensions of functionality are key. Our latest release once again offers our customers an extended range of services to fulfill their needs”, says Jonas Ullmann, Chief Operating Officer and Member of the Executive Board of Eurex.

Among other updates, the new release of T7 introduces:

  • A new way to count Futures Spreads in Pre-Trade Risk Limits (PTRL) by introducing a Netting Coefficient (NC) that allows Trading Members to determine how much weight Futures Spreads contribute to calculating the relevant quantity consumptions.
  • Self-Match Prevention (SMP) and Matching Cascades that will facilitate matching without price level restriction.
  • The staging of RFQs into Eurex EnLight which greatly reduces implementation efforts, allowing easier integration of Eurex EnLight into Order Management Systems (OMS).
  • A new look and feel of the enhanced EnLight GUI, which will be more aligned with Eurex’s existing GUIs. Let’s recall that, shortly after the migration of the FX products onto the Eurex T7 platform on May 31, 2021, the integrated T7 RFQ mechanism was expanded to cover the growing FX market.
  • Aggregation of Off-book trade sides that provide an efficient way for initiating block trades with several counterparties.