Dear Börse Frankfurt and Börse Frankfurt Zertifikate Participant,

With this Newsflash, we would like to inform you about the following topics:

1.  Readiness Statement
2.  Cancellation of Pre-Production sessions 
3.  Report documentation updates for Specialists and Issuers 
4.  Fee reports    
5.  RTS24 short-/long code and Algo certificates 
6.  Conversion of trading currency into settlement currency
7.  Trade number area split modification 
 

1.  Readiness Statement

As already outlined in our Cash Market Newsflash dated 16 January 2020, we would like to remind you about the mandatory feedback that we kindly request from you prior to the introduction of T7 Release 8.0 for Börse Frankfurt and Börse Frankfurt Zertifikate (BF & BFZ). Please submit the "Readiness Statement" for the go-live of T7 Release 8.0 for BF & BFZ before production start.

Please enter your dedicated PIN (required for security reasons) in the online questionnaire. The PIN for your company has been already sent in the past to your Central Coordinator.

We kindly ask all Trading Participants to return the Readiness Statement by Friday, 28 February 2020 at the latest. The Readiness Statement can be found under this link.

2.  Cancellation of Pre-Production sessions

We would like to draw your attention to the fact that Members need to cancel all Pre-Production sessions that will not be used in production by latest 31 March 2020. Pre-Production session that are not terminated by this date will be fully charged starting in April 2020 as specified in Chapter 1 of the Price List for the Utilization of the Exchange EDP of FWB Frankfurt Stock Exchange and of the EDP XONTRO - Part A (valid as of March 9, 2020). This Price List can be found as an attachment to Xetra circular 005/2020.

3.  Report documentation updates for Specialists and Issuers

The T7 XML Report Reference Manual and T7 XML Report XML Schema Files (both v.80.3.1.0) have been updated. Please note that this update is only relevant for Specialists and Issuers of T7 Börse Frankfurt. The issuer account has been added in the field "acctTypGrp" as "I1" in the T7_reports_data_types.xsd and the field "tradingCapacity" has been enhanced by adding the Issuer/Liquidity Provider field.

These documents can be found under following link: Technology > T7 Trading architecture > System documentation > Release 8.0 > Reports. 

4.  Fee reports

We would like to point out that the reports CB142, CB150, CB242, CB250, CB243 and CB253 for the business day 6 March 2020 will be available on Monday, 9 March 2020 by 11:00 CET.

5.  RTS24 short-/long code and Algo certificates

Please note that the folder name as specified in section E. of the initial Xetra Circular 009/20 was incorrect. The correct folder name is "Cash_Market_-_XETR_XFRA". This means that the directory will not be renamed with the migration to T7. Xetra circular 009/20 was corrected accordingly. 

Furthermore, we would like to draw your attention to the fact that the existing data records of RTS24 short-/long codes and Algo IDs in production will remain valid for T7 Börse Frankfurt.
 
6.  Conversion of trading currency into settlement currency

Please note that in the Matching Quote field "SettlCurrFxRate" of T7, the exchange rate must be entered as Trading Currency to Settlement Currency (USDEUR or 1/EURUSD). This is a different system behaviour than on the Xetra platform where the exchange rate must be entered as Settlement Currency to Trading Currency (e.g. EURUSD).

The Management Board of Frankfurter Wertpapierbörse (FWB, the Frankfurt Stock Exchange) determined requirements for the exchange rate to ensure the quality of the rate entered by Specialists with the Matching Quote. These requirements were published with Xetra circular 024/14. The requirements will be continued to be applied on the Settlement Currency to Trading Currency (EURUSD).

7.  Trade number area split modification 

To ensure that there is no overlap between the trade numbers on XFRA after the migration to T7 and the XONTRO system, the following trade number area split will be defined:

T7:

0000001 - 9499999     (valid as of 9 March 2020)

XONTRO:

9500000 -  9999999     (valid as of 2 March 2020) 

All information about T7 Release 8.0 can be found on the Xetra website www.xetra.com under this link:
Technology > T7 trading architecture > System documentation > Release 8.0
 

We would also like to remind you to participate in the pre-production available until 28 February 2020, the simulation environment that has started on February 17, 2020 and the connection test to assure a smooth transition.

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