Eurex to introduce new trading system in Q4
Deutsche Borse's derivatives exchange unit Eurex is planning to introduce a new trading system in the fourth quarter of 2012, subject to the required legal approvals.
The platform will be developed internally and based on Deutsche Borse's proprietary global trading architecture, which is already in use at the International Securities Exchange.
Eurex will cease to use the currently used MISS infrastructure and VALUES API interface with the new trading system.
Deutsche Borse said interfaces for the new Eurex platform would be based on industry standards such as FIX and FAST, helping exchange participants implement the system.
Eurex deputy CEO and responsible for IT and Operations Jurg Spillmann said that technology is a very important differentiator in today's competitive global market environment. With the move to the new system, we again deliver a best-in-class solution to our exchange participants.
"They will get more choice and greater performance, and the reliability they can expect from Eurex," added Spillmann.
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