Eurex T7 is the trading architecture that underpins Eurex’s electronic trading environment, providing access to its derivatives markets. It is based on Deutsche Börse’s T7 platform, a robust and scalable system designed to facilitate efficient electronic trading via high-performance APIs.
For trading firms and technology providers, understanding Eurex T7 is essential for optimising connectivity, market data access, and trade execution. This article explores how firms interact with Eurex T7, the key interfaces available, and how our solutions support seamless integration.
How firms connect to Eurex T7
Eurex T7 provides multiple APIs for trade execution. The Enhanced Trading Interface (ETI) serves as the primary high-performance API for order entry and execution, making it ideal for firms needing low-latency access. The FIX Gateway offers a widely used standard interface for connecting trading systems to Eurex, providing compatibility with existing infrastructures.
Market data access is crucial for firms engaging with Eurex, ensuring they have reliable, low-latency data to support trading decisions. Eurex T7 offers multiple market data interfaces, including Eurex EMDI (Enhanced Market Data Interface) for high-speed, real-time market data, Eurex EOBI (Enhanced Order Book Interface) for ultra-low latency order book updates, and Eurex MDI (Market Data Interface) for aggregated market data distribution.
Benefits of Eurex T7 connectivity for firms
For firms trading on Eurex, T7 offers efficient trade execution with high-performance order handling and matching, allowing participants to engage with deep liquidity pools. The scalable infrastructure ensures it can accommodate increasing trading volumes and diverse market participants, making it a suitable choice for institutional traders and proprietary trading firms. Integrated risk management tools provide robust risk controls, ensuring compliance with regulatory requirements and enabling firms to monitor their trades effectively. The availability of multiple API options allows firms to integrate their technology stacks seamlessly, supporting both direct connectivity and FIX-based infrastructure.
How our solutions support Eurex T7 integration
At OnixS, we specialise in Direct Market Access (DMA) protocol SDKs, providing solutions for trading firms, proprietary trading groups, and investment banks looking to integrate with Eurex T7 efficiently. Our directConnect suite offers venue-specific SDKs designed to streamline integration and improve performance. This includes Market Data Handlers, which support efficient integration with Eurex EMDI, EOBI, and MDI feeds, as well as Order Entry SDKs that enable connectivity to Eurex ETI and FIX Gateway for seamless trade execution. We also provide Trade Capture and Drop Copy SDKs, which offer post-trade solutions to support compliance and risk monitoring.
Beyond market data and order entry, we offer ultra-low latency FIX Engines, allowing firms to FIX-enable their execution and order management systems efficiently. These SDKs are pre-tested and optimised to reduce development time and complexity, allowing trading firms to implement solutions with minimal friction. Continuous updates and maintenance ensure that our solutions remain aligned with evolving market infrastructure, helping firms stay ahead of regulatory and technological changes.
Our commercial model is based on a subscription usage fee that includes licensing, maintenance support, upgrades, and updates to the software, industry protocol standards, and venue-specific API implementations. This provides users with the flexibility to switch implementation platforms, adjust the number of deployments, and scale venue access as needed.
The comprehensive support we provide ensures that firms have access to the expertise required to maintain a reliable trading infrastructure, especially in high-frequency and algorithmic trading environments.
For firms looking to streamline Eurex T7 integration, our direct market access solutions improve performance, reduce implementation risk, and enhance market connectivity.
Need to optimise your Eurex T7 connectivity? Contact us to explore efficient integration solutions that enhance your trading performance or download a free evaluation.
