OnixS directConnect: Eurex EBS and Eurex ETS

Eurex is one of the world's leading derivatives exchanges and is jointly operated by Deutsche Börse AG and SIX Swiss Exchange. Eurex offers a broad range of international benchmark products and operates the most liquid fixed income markets in the world, featuring open and low-cost electronic access.

The OnixS directConnect Eurex Enhanced Broadcast Solution [EBS] and Eurex Enhanced Transaction System [ETS] solutions provide out-of-the-box direct market access to the Eurex platform.

The Eurex EBS service is available to all members it provides a high-performance, functionally enhanced market information broadcast mechanism for the dissemination of public market data.

The Enhanced Broadcast Solution is a high-performance, market information broadcast interface. This service features the dissemination of un-netted public market data.

The key benefits of the OnixS directConnect Eurex EBS Market Data Handlers are:

• Pre-tested  – thus saving time and money in integration testing.
• Supported – service level guarantee that the implementations are production strength, and will support current and future enhancements.
• Book management, synchronization and recovery – more than just a market data decoder. Provides full book management with Order book depth for options products (up to ten prices), Order book depth for futures products (up to twenty prices for benchmark futures), Individual subscription model allowing the selection of product groups – off loads the book management tasks to a specialized implementation.
• Trade volume reporting that includes reporting of single, double leg and strategy trades for on-exchange as well as OTC transactions.
• Low latency, high through-put, and low CPU load – designed for high-frequency and the fastest market data implementation
• Easy-to-use and flexible API – designed for rapid integration within trading strategy architectures, with a common API style for multi-venue implementations.
• Flexible logging – ability to analyze and diagnose issues and activity quickly
• Included fast-start source code reference implementations with client and benchmarking samples – designed for rapid familiarization and to get up and running rapidly.

The Eurex ETS service provides faster access to Eurex markets than the Values API and is the choice for all high frequency strategies and algorithmic trading systems.

The key benefits of the OnixS directConnect Eurex ETS Trade Handlers are:

• Pre-tested – thus saving time and money in integration testing.
• Supported – service level guarantee that the implementations are production strength, and will support current and future enhancements.
• Supports the ETS message-based interface comprising of core Eurex trading functionality.
• Management of the ETS session-oriented interface via a socket connection over TCP transport.. The session is the basic context of the interaction with the ETS service. Applications using the interface receive information for orders and quotes for their unique session.
• Low latency, high through-put, and low CPU load – designed for high-frequency, lowest latency usage.
• Easy-to-use and flexible API – designed for rapid integration within trading strategy architectures, with a common API style for multi-venue implementations.
• Flexible logging – ability to analyze and diagnose issues and activity quickly
• Included fast-start source code reference implementations with client and benchmarking samples – designed for rapid familiarization and to get users up and running rapidly.

The OnixS directConnect Eurex EBS and ETS solutions are implemented on multiple platforms including Windows C++ 32 and 64-bit , Linux (RedHat, CentOS, Ubuntu, Gentoo, Suse SLES) C++ 32 and 64-bit , Solaris x86 C++ 32 and 64-bit implementations, and .NET 2.0, .NET 3.5 and .NET 4.0 32 and 64-bit implementations.

Evaluation downloads are available upon request.