Real-time order book visibility for clearing members and trading participants — across Eurex derivatives and Xetra cash markets — enabled by Deutsche Börse Group’s T7 Release 14.1 Enhanced Drop Copy Interface (EDCI).
OnixS is pleased to announce the immediate availability of the OnixS directConnect: Eurex/Xetra T7 Enhanced Drop Copy Interface (EDCI) Handler SDK — an ultra-low-latency native C++ client for Deutsche Börse Group’s new EDCI service.
EDCI is a new T7 service that goes beyond traditional trade drop copy by delivering real-time order activity across the full order lifecycle.
Clearing members can monitor the order book activity of their non-clearing members (NCMs) as it happens — reacting to risk before positions accumulate. Trading participants gain a comprehensive, real-time view of every order action affecting the book, including lean orders.
This represents a shift from post-trade reporting to continuous order-level visibility for risk monitoring and operational control.
T7 EDCI is purpose-built for:
Clearing members requiring real-time oversight of NCM activity
Trading participants needing complete order lifecycle visibility
T7 EDCI introduces a modern and more complex interface architecture, combining:
FIX 5.0 semantics
Simple Binary Encoding (SBE)
Dedicated session layer
TLS 1.3 secure transport
The OnixS T7 EDCI Handler SDK abstracts this complexity — handling the full session and stream lifecycle — so your team can focus on application logic rather than low-level protocol implementation.
Real-time NCM visibility for clearing members — react proactively before risk positions accumulate
Comprehensive order action coverage — including lean orders and full lifecycle events
One SDK, both markets — Eurex derivatives and Xetra cash
Ultra-low latency, high throughput — engineered to OnixS directConnect performance standards
Production-ready and conformance-tested — aligned with Deutsche Börse EDCI specifications
Secure by design — TLS 1.3 connectivity with DigiCert certificate verification
Full lifecycle management — logon, heartbeat, rejects, partition handling, initial book restatement, updates, and cancellations
Proven OnixS technology — built on the same trusted code base as Eurex EMDI/EOBI/MDI/RDI and ETI handlers
Accelerate Your T7 EDCI Integration
The OnixS T7 EDCI Handler SDK enables rapid adoption of this new T7 capability, reducing implementation risk and time-to-market for firms building next-generation risk, surveillance, and post-trade systems.
For full product details and documentation, visit the Eurex/Xetra T7 EDCI Handler SDK product page.