Enhanced Transaction Solution
This interface gives members faster, streamlined access to the Eurex® system for high-frequency
trading strategies, focusing on core trading activities like order and quote entry as well as
maintenance functionality.
The Enhanced Transaction Solution is a session-oriented interface, which means that a session is
the basic context of the interaction with the Eurex® system. A session is initiated when an
application connects and continues until the connection is interrupted. Several trader subgroups
may share a single session, but any session may only be used once. A given member has a set number
of sessions (at present a maximum of 25), depending on his technical requirements.
Overview: Available Trading Functionality
- Enter, modify, inquire and delete orders (persistent and non-persistent) and quotes for:
- Options (single leg)
- Futures (single leg and double)
- Futures time spreads
- Strategies
- Mass Quote entry function also for strategies
- Mass Delete all orders (persistent and non-persistent)* and quotes
- Provision of order-/quote-related status data (i.e. execution)
- Bi-directional heartbeat at a session level
- Setting/inquiry of Market Maker protection limits
- Session logon/logoff
- Trader login/logout
* By using so-called "order attributes", members can select whether their orders will be backed up in
the event of a system failure. They can choose between a persistent order that will stay in the order
book after a trading interruption whereas a non-persistent order will be deleted automatically.
