Monday, February 03, 2014 3:10 PM
Eurex Algo Labeling Requirements
In response to the German HFT Act, Eurex has updated its rules to require exchange participants to mark the orders and firm quotes generated through algorithmic trading. The deadline to comply with the new exchange rule is April 1, 2014.
For further information, refer directly to the exchange website.
TT recently released the new software versions that will facilitate customers’ compliance with the new law. TT would like to remind customers to upgrade their TT applications to the necessary versions to become compliant with the new exchange rule. For more details about the deployment, refer to the Eurex Algo Labeling guide.
Please contact your TAM if you have any further questions.