Dear trading participant,
EEX migrates the Trade Entry Service (TES), its facility to register OTC trades for clearing, from the Eurex classic Trading system to the T7 Trading System by 1 April 2019.
This leads to EEX’ Exchange Trading and TES business being run on a common, most reliable and recent trading platform. EEX cooperates with its partners to also migrate the Straight-Through Processing of transactions registered by brokers without impact for the trading participant.
The TES functionality is not accessible any further via the FIXML interface. This will be replaced by ETI. All relevant interface descriptions can be found on the Eurex exchange website: http://www.eurexchange.com/exchange-en/technology/t7/system-documentation
Moreover, all TES trades will be included in the respective T7 reports and will not be available anymore via Eurex classic reports (TC545 and TC810 for example). Therefore, several T7 reports are subject to the following changes:
- TE545 – Daily TES Maintenance
- The indicators riskReduction and IsOnBook are added to the report
- TE810 – T7 Daily Trade Confirmation
- The indicator IsOnBook is added to the report
A detailed description of all available reports can be found on the Eurex website (currently for T7 version 6.1, we will inform when the updated report documentation is available): http://www.eurexchange.com/exchange-en/technology/t7/system-documentation
TES will be available in T7 simulation starting with version 7.0 on 24 September 2018.
Please note, that the production go-live of TES in T7 will, however, not happen with the next production release on 3 December 2018 but on 1 April 2019.
Summary:
EEX will migrate its Trade Entry Service (TES) to the T7 trading system and will take care that all Straight Through solutions currently in place and officially by EEX offered GUIs adapt to the new interface. Trading Participants using third party software to submit or retrieve TES data may approach their service providers for further guidance. Additionally, everyone using Eurex Classic Reports will have to use the respective T7 pendants going further. Both can be found on the Common Report Engine.
Further details will follow in a separate customer information.
Yours sincerely,
EEX Market Operations
T +49 341 2156-222 (Leipzig) trading@eex.com