Cash Market Readiness Newsflash | Reminder for Clearers rearding the migration of trading venue Börse Frankfurt including Börse Frankfurt Zertifikate to T7

Release date: 06 Feb 2020

Cash Market Readiness Newsflash | Reminder for Clearers rearding the migration of trading venue Börse Frankfurt including Börse Frankfurt Zertifikate to T7Cash Market Readiness Newsflash I

Dear Börse Frankfurt and Börse Frankfurt Zertifikate Participant,

As already outlined in our Cash Market Newsflash dated 5 November 2019, we would like to remind you that Cash Clearing Members and Settlement Institutes also need to prepare for the Börse Frankfurt Migration.

Please assess if following points might need your attention:

1.  T7 GUI access for Administration, Back Office activities and Risk Management

  • Upload GUI certificate

If you are holding a Cash Market Clearing licence, we kindly ask you to upload a GUI certificate and ensure access to the T7 Clearer and Admin GUI. A detailed description of the T7 Clearer and Admin GUI application and its functions can be found on the Xetra website www.xetra.com under the following link:  

In case you would like to set up clearing business unit users and change user passwords, you also need to access T7.

  • CLGSPV (clearing supervisor) user

For each Börse Frankfurt/Börse Frankfurt Zertifikate participant acting as a Clearer or Settlement Institute, a default CLGSPV-user will be created in the GUI. The role “Cash Service Administrator” will be assigned to this default user. Since the CLGSPV-users will be newly created, we require all customers to provide us with the person responsible for that user. Please provide the information under this link. Please refer to further details on the Xetra website under:

Technology > T7 trading architecture > System documentation > Release 8.0 > GUI solutions > T7 Cash Markets-Participant and User Maintenance Manual                        

2. Trade information

  • If you are only a Cash Market Clearing Member and/or only a Settlement Institute and processing real-time trade information, please ensure to order a FIX and/or an ETI Back Office Session.
  • Trade confirmations via Trade view in GUI, ETI Trade Notifications or FIX Trade Capture Reports as well as the report TC 810 – T7 Daily Trade Confirmation and Contract notes will be available for Cash Clearing Members. Please refer to the system documentation. 

3. Miscellaneous

The entire system documentation for T7 Release 8.0 is available on www.xetra.com under 

Regarding further tasks, we recommend having a look at the migration checklist available via the link:

We urge all Börse Frankfurt (incl. Börse Frankfurt Zertifikate) trading and clearing members to become active as soon as possible in the Pre-Production environment to optimally prepare for a smooth transition to T7.

If you have any questions, please feel free to contact your Key Account Manager or send an e-mail to: client.services@deutsche-boerse.com.

Kind regards


Your Client Services Team

Recipients:

All Xetra® Members and Vendors, all Xetra Central Coordinators, all Eurex Clearing Central Coordinators

Contact:

client.services@deutsche-boerse.com

Web:

Börse Frankfurt Migration