Initiatives & Releases

T7 Release 13.1

With T7 Release 13.1 the following enhancements will be introduced:

  • Delta-neutral Trading Strategies in Total Return Futures
  • Average Price Notation for Packs and Bundles in Money Market Futures

Simulation start: 31 March 2025
Production start: 19 May 2025

T7 Release 13.1








System Documentation

Enhanced Trading Interface

FIX LF

  • N7_-_Network_Access_Guide.v.2.5
    Published 22 Jan 2025 - This document provides details on the network access options for T7 and Eurex Clearing's interfaces. It includes detailed technical background information, such as router equipment information and port numbers for the configuration of firewalls.
  • T7 Disaster Recovery Concept 2025 - Interface Configuration Details v.1.0
    Published 3 Mar 2025 - This document provides an overview of Deutsche Börse’s disaster recovery concept for the T7 trading system. It contains the required technical background information as well as functional features and limitations to enable participants to continue trading in a DR situation.
  • T7 Market Data Report Derivatives 2024-08-05
    Published 7 Aug 2024 - This file contains for one specific date (Frankfurt time) the number of packets per multicast address and port combination enhanced with the stream and market information. Please note that the number of packets varies per day and the “From” and “To” columns contain the first and last minute where data was received on that day for the respective combination.
  • T7 Market Data Report Cash 2024-08-05
    Published 7 Aug 2024 - This file contains for one specific date (Frankfurt time) the number of packets per multicast address and port combination enhanced with the stream and market information. Please note that the number of packets varies per day and the “From” and “To” columns contain the first and last minute where data was received on that day for the respective combination.
  • T7 Market Data Report Derivatives 2024-03-25
    Published 27 Mar 2024 - This file contains for one specific date (Frankfurt time) the number of packets per multicast address and port combination enhanced with the stream and market information. Please note that the number of packets varies per day and the “From” and “To” columns contain the first and last minute where data was received on that day for the respective combination.
  • T7 Market Data Report Cash 2024-03-25
    Published 27 Mar 2024 - This file contains for one specific date (Frankfurt time) the number of packets per multicast address and port combination enhanced with the stream and market information. Please note that the number of packets varies per day and the “From” and “To” columns contain the first and last minute where data was received on that day for the respective combination.


  • T7 Release 13.1 - Participant Simulation Guide, Version 1
    Published 17 Mar 2025 - This document describes the timeline, new and changed features as well as the simulation focus days for this T7 release. Please use this document to plan and prepare your T7 Release simulation participation.


  • T7 Incident Handling Guide v.5.7
    Published 17 Mar 2025 - This document provides a detailed description of the reaction of Deutsche Börse's T7 trading system to technical incidents and provides best practices for handling them. In addition the document provides references to the respective focus days in the T7 simulation environment which are intended to simulate such incidents.

Circulars

Release Items/Participants Requirements

Feature/Enhancement 

Details

Action Item

Delta-neutral Trading Strategies in Total Return Futures

As a new functional requirement, T7 Release 13.1 will introduce delta-neutral Trading Strategies in Total Return Futures (TRF). Delta-neutrality is achieved by hedging a TRF contract against the corresponding price future contract (DeltaTAM) or against the corresponding MOC futures contract (DeltaTAC) having the same underlying index. 

Trading Participants that would like to make use of the delta-neutral Trading Strategies in Total Return Futures need to adapt to these changes and perform sufficient testing.

Average Price Notation for Packs and Bundles in Money Market Futures

With this release, T7 will support a new pricing notation regarding the instrument types “Packs and Bundles” and “Strips” in money market futures products. For money market futures, it is envisioned that the average pricing notation will replace the average net change pricing notation currently configured for both strips and packs & bundles which is given by the average price difference of leg price and the previous day settlement price of the simple instruments involved in the corresponding strategy.

Trading Members that trade Money Market Futures products need to adapt to changes related to the new pricing notation and perform sufficient testing.


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Contacts

Eurex Frankfurt AG
Key Account Management

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client.services@eurex.com

 


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