Eurex, GE DBoerse T7 Release 13.1

Updated on: May 10, 2025

Latest Event


  • May 2025 ETI Password Encryption Change
  • On May 8, 2025, Eurex, GE DBoerse reminded about ETI Password Encryption changes that will be implemented with the launch of the T7 Release 13.1 on May 19, 2025.
  • For T7 Release 13.1 production start, a new public key for ETI password encryption will be created, with sequence number 3, making key with sequence number 1 obsolete.
  • From May 19, 2025, sessions using sequence number 1 will not be able to login, no trading possible; for smooth transition to T7 Release 13.1 in production, urged migrating to key with sequence number 2 immediately before T7 Release 13.1 launch.
  • Password encryption only required in Equinix co-location facility for production environment; encryption must be done using GE DBoerse's public RSA key.
  • Public RSA key with sequence number 3 will be published on May 17, 2025.

On Nov. 8, Eurex, GE DBoerse updated on introduction of T7 13.1.

  • GE DBoerse, Eurex updated on GE DBoerse plans to introduce T7 Release 13.1 on May 19, 2025 for trading venues Xetra, Börse Frankfurt; simulation planned Mar. 31, 2025.
  • Follows GE DBoerse, Eurex Nov. 2023 T7 release 12.1 update, see #190834.
  • Overview
  • Provides T7 trading participants T7 Release 13.1 timeline, communication schedule, planned scope; T7 Release 13.1 will be backwards compatible with Release 13.0.
  • enhancements in T7 Release 13.1 include Delta-neutral Trading Strategies in Total Return Futures; Average Price Notation for Packs, Bundles in Money Market Futures.
  • Effectiveness
  • Simulation start planned for Mar. 31, 2025; production is set to start May 19, 2025.
  • Mar. 2025 Update
  • On Mar. 25, 2025, GE DBoerse, Eurex issued Cash Market Readiness Newsflash on T7 Release 13.1 simulation, production and New public key for ETI Password Encryption.
  • Reminds Xetra, Börse Frankfurt Participants of creation of a new public ETI key for ETI password encryption; with go-live of T7 Release 13.1 simulation on Mar. 31, production on May 19, 2025, a new public key for ETI password encryption will be created.
  • This key will have sequence number 3, making key with sequence number 1 obsolete.
  • To ensure smooth transition strongly recommends migrating to the key with sequence number 2 immediately; logon with key with sequence number 1 will no longer be possible once the key with sequence number 3 is created; further details provided.
  • All Trading Participants are advised to use the latest public key sent with the session response for ETI password encryption at any time.
  • Apr. 2025 T7 Release 13.1 Readiness Statement
  • On Apr. 22, 2025, GE DBoerse, Eurex issued Readiness Statement submission details, required prior to launch of T7 Release 13.1; submission requested by May 9, 2025.
  • Apr. 28, 2025 T7 Release 13.1 Production Start
  • On Apr. 28, 2025, GE DBoerse and Eurex published circulars announcing that GE DBoerse will launch Release 13.1 of the T7 trading system on May 19, 2025.
  • Support window for T7 Release 13.1 takes place on May 17, 2025, 15:00-18:00 CEST.
  • Connectivity testing during the support window is strongly recommended.
  • Circular outlines most important topics for the go-live preparation that should be considered for production launch of T7 Release 13.1, with details on support window.
  • In a related newsflash, Eurex reported change to publication of complex instruments via RDF (Reference Data File) and RDI (Reference Data Interface) with T7 Release 13.1.
  • The change was introduced in T7 Simulation environment on Mar. 31, 2025 and will be implemented in the T7 Production environment starting May 19, 2025.
  • System documentation, circulars, timeline and more information is available here.
  • Participants are requested to complete and return the production readiness statement and register a Technical Contact for the support window not later than May 9, 2025.
  • Apr. 29, 2025 T7 Functionality Activations After Release
  • On Apr. 29, 2025, Eurex reported certain functionalities will be activated in production environment after official T7 Release 13.1 release date scheduled for May 19, 2025.
  • Delta-Neutral Total Return Futures: simulation already activated; production is expected on Jun. 16, 2025; Support of Average Price Notation for Packs & Bundles and Strips: simulation is already activated; production is expected on Jun. 9, 2025.
  • Adaptions to Pre-Trade Risk Limits for Options: simulation already activated for all options products; production immediately effective with release launch - only applies to Single Stock options since only these options are supporting on-book PTR limits.
  • Adaptions of Excessive System Usage (ESU) Limits: simulation already activated; production - currently no activation date planned, will be communicated separately.
  • Removal of Off-book Trade Validation to prevent Self-Execution of same Beneficiary Owner: simulation is already activated; production is scheduled for May 26, 2025.
  • More information on T7 Release 13.1 is available in dedicated initiative page here.
  • In May 2025, GE DBoerse issued Cir on the T7 release 14.0 introduction, see #253409.
  • May 2025 ETI Password Encryption Change
  • On May 8, 2025, Eurex, GE DBoerse reminded about ETI Password Encryption changes that will be implemented with the launch of the T7 Release 13.1 on May 19, 2025.
  • For T7 Release 13.1 production start, a new public key for ETI password encryption will be created, with sequence number 3, making key with sequence number 1 obsolete.
  • From May 19, 2025, sessions using sequence number 1 will not be able to login, no trading possible; for smooth transition to T7 Release 13.1 in production, urged migrating to key with sequence number 2 immediately before T7 Release 13.1 launch.
  • Password encryption only required in Equinix co-location facility for production environment; encryption must be done using GE DBoerse's public RSA key.
  • Public RSA key with sequence number 3 will be published on May 17, 2025.
Regulators
Eurex; GE DBoerse
Entity Types
B/D; CNSM; Exch; IA
Reference
PR, 5/8/2025; Cir 037/2025, 4/29/2025; Cir 017/2025, Cir 036/25, PR, 4/28/2025; PR, 4/22/2025; Bul 3/25/2025; Cir 113/24, Cir 049/2024, 11/8/2024
Functions
Compliance; Financial; Operations; Risk; Settlement; Technology; Trade Reporting; Trading; Treasury
Countries
EU Exchange; Germany
Category
State
N/A
Products
Equity; Fixed Income; Fund Mgt; Issuance/IPO; Securities
Rule Type
Final
Regions
EMEA
Rule Date
Nov 8, 2024
Effective Date
May 19, 2025
Rule ID
232820
Linked to
Reg. Last Update
May 8, 2025
Report Section
EU