Deutsche Börse adds CEF ultra+ to data feed package

Source: Deutsche Börse

Deutsche Börse has been offering the CEF ultra+ data feed, which supplies pre-trade and trade information on the international derivatives exchange Eurex, since Monday.

Clients stand to benefit from lower latency and greater data depth. Moreover, the unnetted Eurex market data is now subdivided into 40 instead of 9 product groups as before, meaning that clients can select data packages in a more targeted manner, depending on their needs.

CEF ultra+ now supplies the ten best buy and sell offers for futures, i.e. it offers an expanded market depth of 10, and for the most liquid interest and equity index futures, a market depth of 20. Whereas in the past, Deutsche Börse supplied the trading prices and the best buy and sell offer for options, CEF ultra+ gives clients a market depth of up to 10 for this trading data, too, for the first time. The flexible configuration option for CEF ultra+ means that Deutsche Börse can react to changing market conditions in a timely manner.

CEF ultra+ was launched at the same time as the new Enhanced Broadcast Solution in the Eurex system, which enables Eurex participants to now obtain unnetted Eurex market data. CEF ultra+ corresponds to this data feed, but is also available to clients that are not Eurex trading participants, offering this client group the fastest access to Eurex data.

In addition, CEF ultra+ contains a "trade recovery" feed, which is indispensable for information providers, for example.

"The increasing automatization of derivatives trading means that financial institutions need more detailed and faster trading data. We meet these needs with the new Enhanced Broadcast Solution as well as with the CEF ultra+ data feed for non Eurex-members," said Georg Gross, Head of Front Office Data & Analytics.

CEF ultra+ uses a high performance protocol based on the FIX 5.0 industry standard, which can be effectively used by clients to develop their own applications. Moreover, CEF ultra+ requires no special hardware, meaning that it can be easily integrated into existing IT infrastructures.

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