On Apr. 15, ECC issued rule on connection test and fallback approach.
ECC issued circular 18/2025 about modernization of C7 FIXML interface.
Follows Jan. 2025 ECC announced update to C7 FIXML interface, see #213716.
Overview
ECC announced further information on modernization of the C7 FIXML Interface, updating information in circular 05/25 on Connection Test and Fallback Approach.
ECC seeks to provide reliable, secure clearing environment, and direct connectivity for derivatives clearing activities for clearing members, connected non-clearing members.
Details
Modernization will involve two key improvements: 1st, enhanced technology.
Java version 17 will be supported, for improved performance, stability; 2nd, stronger security: GE DBoerse PKI infrastructure implemented for more robust security posture.
Migration to new process scheduled for Q2 2025; May 23, 2025 new process available for testing in SIMU environment; Jun. 14, 2025, new process mandatory in PROD.
