T7 Release 8.0: Important information for production start

1. Introduction

Deutsche Börse Group will launch Release 8.0 of the T7 trading system on 18 November 2019.

The support window for T7 Release 8.0 will take place on Saturday, 16 November 2019, between 15:00 and 17:00 CET. Participation in the support window is strongly recommended for all participants and multi-member providers.

This circular outlines the most important topics for the go-live preparation that should be considered for the production launch of T7 Release 8.0 as well as details about the support window.

Production start: 18 November 2019

2. Required actions

Participants are requested to complete and return the production readiness statement and to register a Technical Contact for the support window not later than Friday, 8 November 2019.

3. Details of the initiative

Deutsche Börse Group will launch Release 8.0 of the T7 trading system on 18 November 2019. The following new features and enhancements will be introduced:

• Enhancements to Options Volatility Strategies and Standard Options Strategies
• Further Enhancements to ETRF and Basket Trading
• Split Snapshot Cycles in MDI.

Backward compatibility:

T7 Release 8.0 is a mandatory release and will not be backwards compatible to version 7.1. All interface versions of 7.1 will no longer be supported with the production launch of T7 Release 8.0.

Please refer to the dedicated document “T7 Release 8.0 Final Release Notes” for a full overview of both the new and changed functional scope.

The document is available on the Eurex website www.eurexchange.com via the link:

Technology > T7 Trading Architecture > System Documentation > Release 8.0 > Overview and Functionality
 

Please note:

Deutsche Börse Group is currently not planning to decommission the T7 GUI Landing Pages during the course of T7 Release 8.0 or T7 Release 8.1.

That means according to current plans, landing pages and JNLP files to launch the T7 GUIs will remain active at least until November 2020 (when T7 Release 9.0 will roll out).

Further details about the decommissioning timeline will be announced with sufficient lead time.
 

4. Preparations for Friday, 15 November and Saturday, 16 November 2019

On Friday, 15 November 2019, T7 Release 7.1 will be in production for the last time. Reports for the business day 15 November 2019 can be expected at the usual time. On Saturday, 16 November 2019, Deutsche Börse will convert the T7 and T7/FX production systems to Release 8.0 and initial reference data for business day 18 November 2019 will be available via RDI and RDF following the start of the system in preparation for the support window.
 

5. Support window for T7 Release 8.0 on Saturday, 16 November 2019

The T7 Release 8.0 support window will be conducted on Saturday, 16 November 2019, between 15:00 and 17:00 CET. Participation during the support window is strongly recommended for all participants and multi-member providers to ensure connectivity for the start of trading on Monday, 18 November 2019. Please make sure that a staff member will be available to perform the login to the T7 production system (e.g. T7 Trader and/or Admin GUI and third-party applications).

At this time, the Eurex T7 and T7/FX production system will be available for connectivity testing on the RDI, ETI, MDI, EMDI and EOBI interfaces and via T7 Admin GUI and T7 Trader GUI. The FIX gateways will be available for session login only (no other requests will be possible). No order and quote entries will be possible. Heartbeats via the market data interfaces will be disseminated.

The support window can be regarded as successful when

• a message “Connection Test Eurex <hh:mm:ss>” appears with an increasing sequence number in the market news view (news board) of the T7 Trader GUI and the T7 Admin GUI
• a successful session or trader login via ETI has been performed.
• MDI/EMDI/EOBI/RDI heartbeats have been received.

Deutsche Börse will inform participants about the general progress of the support window via implementation news on the Eurex website www.eurexchange.com available under the link:

Technology > T7 Trading Architecture > Implementation News

Following the end of the support window, the T7 8.0 production system will be shut down on 16 November 2019 at 18:00 CET[1] and will be unavailable until Monday morning, 18 November 2019.
 

6. Monday, 18 November 2019 – Production start

The first trading day with T7 Release 8.0 will start at 1.15 CET as usual.

Please note: As the system will be re-started before Monday morning, the initial reference data file for the business day 18 November 2019 will be re-generated. As the reference data provided on 16 November 2019 via RDI and RDF prior to the support window may potentially contain some changes, participants are required to use the initial reference data provided following the system start for 18 November 2019.

Orders entered until 15 November 2019 (end of trading) but not executed, will continue to be available on 18 November 2019, unless other validity restrictions were set.

A list of items that are relevant prior to the production start of T7 Release 8.0 will be provided as of 16 November 2019. This “known limitations” list will be available on the Eurex website www.eurexchange.com under the link:

Technology > T7 Trading Architecture > System Documentation > Release 8.0 > Production

7. Technical contact for the support window

Please enter details of the contact person who will be available during the support window in the Member Section of the Eurex website www.eurexchange.com (under “Release contacts”) not later than Friday, 8 November 2019, under the link:

Member Section > Contacts > Release Contacts > New entry

Please choose the category “technical contact” and make sure to check the box “T7”.

This will ensure that Eurex will be able to reach you in any emergency between Saturday, 16 November 2019 and production start on Monday, 18 November 2019.
 

8. Provision of the readiness statement

We kindly ask all Trading Participants to submit the Readiness Statement for T7 Release 8.0 by Friday,
8 November 2019 latest. Please note, that all Trading Participants are required to provide the Readiness Statement. For your convenience an online submission process has been introduced.

The online Readiness Statement for T7 Release 8.0 can be found here: Readiness Statement.

Please enter your dedicated Eurex PIN in the online questionnaire. The PIN for your company has been sent to the Central Coordinator.

9. Contacts

The following hotline will be available for any questions during the support window or start of production:

• Customer Technical Support, Technical Key Account Manager via VIP number

[1] The FIX gateway will be shut down at 17:30 CET

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