HighlightsEurex FIX GatewayThe new FIX Gateway utilizes the industry-standard FIX protocol. The interface facilitates access to Eurex Exchange and in conjunction with other optional interfaces enables members to decommission their MISS architectures for trading in the medium term. Eurex Market Data InterfaceA new Market Data Interface disseminates price level aggregated, netted depth data in multicast format. This new, lower granularity and lower bandwidth interface provides the same type and level of data provided by the VALUES API, but offers a more economical feed to those members that do not require the complete data offering of the Enhanced Broadcast Solution. FIXML Clearing APIThe new clearing API aims to reduce costs for accessing Eurex Clearing in that it utilizes industry standard FIXML. In addition to introducing FIXML that reduces programming efforts, this interface in conjunction with other optional interfaces will permit members to decommission their MISS infrastructures for clearing in the medium term. Collateral management service enhancementsWith the introduction of Eurex Release 14.0 clearing members are able to request intraday cash collateral withdrawals or cash collateral deposits via the clearing GUI. This reduces operational complexity and enhances user friendliness. Additionally, several other collateral management tasks have been streamlined, for example the automatic processing of cash deposits and releases. Improvements to Advanced Risk Protection serviceThe popular Advanced Risk Protection has been enhanced also to cover transactions entered via EurexOTC Trade Entry services. Eurex Clearing will calculate an indicative amount that reflects the risk involved in a given OTC transaction, which is checked against a pre-defined risk limit. Trades that would breach risk limits will be rejected. The introduction of the following components occurs later than the scheduled production launch date:
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