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23 Jan 2014

Eurex

HFT Act: Enhancements of reports related to Excessive System Usage (ESU) Fee and Order to Trade Ratio (OTR)

The Excessive System Usage (ESU) Fee and Order to Trade Ratio (OTR) originally announced in Eurex circulars 212/13 and 213/13, came into effect on 1 December 2013. This circular provides brief information on:

·          enhancements of the reports related to the ESU Fee and OTR

·          availability of the intra-day versions of the report CB069 (Transaction Report)

The above-mentioned changes will come into effect in production on 3 February 2014.

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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