Eurex Trading Suspended Due to Tech Issues
Derivatives exchange's T7 system experienced "technical issues."
The exchange first reported on its website at 11:09 a.m. CET that the Eurex T7 system was experiencing technical issues and it was investigating them. A few minutes later, Eurex made the same announcement on Twitter, and urged users to reach out to its market supervision department for any questions regarding the technical issues its system was facing.
Please be aware that the Eurex T7 system is currently experiencing technical issues. We are investigating and will keep you informed.
— Eurex (@EurexGroup) February 22, 2016
Please do not hesitate to call Market Supervision for any questions you may have re our technical issues on the C7 system +496921111210
— Eurex (@EurexGroup) February 22, 2016
At 11:41 a.m. Eurex posted another announcement on its website stating on-exchanging trading in Eurex T7 was suspended to avoid threatening the functioning of exchange trading.
In order to avoid any threat to the functioning of exchange trading, on-exchange trading in Eurex has been suspended until further notice.
— Eurex (@EurexGroup) February 22, 2016
We will keep you informed. Please do not hesitate to call Market Supervision for any questions you may have: +496921111210
— Eurex (@EurexGroup) February 22, 2016
At 12:22 p.m. another post was published detailing that pre-trading instrument state book would start at 12:25 p.m., followed by trading instrument state opening auction at 12:45 p.m. and trading instrument state continuous at 12:50 p.m.
Trading will resume as follows https://t.co/boiPuFMeHa
— Eurex (@EurexGroup) February 22, 2016
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
IPC’s C-suite shuffle signals bigger changes for trader voice tech
Waters Wrap: After a series of personnel changes at the legacy provider, WatersTechnology examines what these moves might mean for the future of turrets and trader voice.
WatersTechnology latest edition
Check out our latest edition, plus more than 12 years of our best content.
From no chance to no brainer: Inside outsourced trading’s buy-side charm offensive
Previously regarded with hesitancy and suspicion by the buy side, four asset managers explain their reasons for embracing outsourced trading.
Band-aids vs build-outs: Best practices for exchange software migrations
Heetesh Rawal writes that legacy exchange systems are under pressure to scale to support new asset classes and greater volumes, leaving exchange operators with a stark choice: patch up outdated systems and hope for the best or embark on risky but rewarding replacement projects.
Portfolio trading vs RFQ: Understanding transaction costs in US investment-grade bonds
The MarketAxess research team explores how such factors as order size, liquidity profiles and associated costs determine whether a portfolio trade or an RFQ list trade is the optimal choice.
IEX, MEMX spar over new exchange’s now-approved infrastructure model
As more exchanges look to operate around-the-clock venues, the disagreement has put the practices of market tech infrastructure providers under a microscope.
The Waters Cooler: The Thanksgiving debrief
Maybe we shouldn’t use AI for EVERYTHING! I’m talking to YOU, Spotify!
LSEG shelves replatforming project for FX Matching venues
After EBS migration, dealers had little appetite for another major technology project