Eurex rolls out new trading system
13 June 2013 Frankfurt
Image: Shutterstock
Eurex Exchange has completed its migration to Deutsche Boerse Group’s global trading system. The fixed income derivatives segment was the last product group 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.
The new system offers more flexibility, which will also enable faster time-to-market implementation in the future. The messaging architecture also provides low latency and faster communication and is based on reliable database systems.
“With the introduction of the new trading architecture, Eurex proves again its position as an innovative exchange. Part of their success is the open communication with their members and providing a transparent system.”
“The new matching engine brings capacity without compromising on the importance of safety in a trading environment. This combined will enable market makers like Optiver to continue posting tighter spreads for end investors to trade,” said Hans Pieterse, head of market structure Europe at Optiver.
The new platform meets the needs of Eurex Exchange participants in terms of enhanced performance, efficiency and capacity, more connection options and improved functionality.
The new system offers more flexibility, which will also enable faster time-to-market implementation in the future. The messaging architecture also provides low latency and faster communication and is based on reliable database systems.
“With the introduction of the new trading architecture, Eurex proves again its position as an innovative exchange. Part of their success is the open communication with their members and providing a transparent system.”
“The new matching engine brings capacity without compromising on the importance of safety in a trading environment. This combined will enable market makers like Optiver to continue posting tighter spreads for end investors to trade,” said Hans Pieterse, head of market structure Europe at Optiver.
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