020/2024: Eurex GTC Connection Agreement and GTC Provider Connection Agreement: Increase of the Ethernet Frames per second limit for 10 Gbit/s Order Entry co-location[...]

1. Introduction

The Executive Board of Eurex Frankfurt AG ("Eurex") has decided to increase the number of Ethernet frames per second allowed over each 10 Gbit/s Order Entry co-location cross-connects.

In this context, the following measures will apply effective 25 March 2024:

• The new limit is 30,000 Ethernet frames per second;
• The amendments to the "General Terms and Conditions to the Agreement on the technical connection and the utilization of the Exchange-EDP of Eurex Deutschland (Connection Agreement)" as outlined in Attachment 1;
• The amendments to the "General Terms and Conditions to the Agreement on the technical connection of a Multi-Member-System Provider to the Exchange-EDP Eurex^® (Provider Connection Agreement)" as outlined in Attachment 2.

2. Required action

There is no particular action required.

3. Details

Already in November 2023, Eurex increased the number of Ethernet frames per minute allowed over each 10 Gbit/s Order Entry co-location cross-connects to 600,000 Ethernet frames per minute in order to increase the headroom for trading activities of our participants. Consistently, Eurex has now also decided to increase the number of Ethernet frames per second allowed over each 10 Gbit/s Order Entry co-location cross-connects from 25,000 to 30,000 effective from 25 March 2024.

The full version of the updated General Terms and Conditions to the Agreement on the technical connection and the utilization of the Exchange-EDP of Eurex Deutschland (Connection Agreement) and the General Terms and Conditions to the Agreement on the technical connection of a Multi-Member-System Provider to the Exchange-EDP Eurex^® (Provider Connection Agreement) will be published on the Eurex website www.eurex.com as of the effective date under this link:

Rules & Regs > Eurex Rules & Regulations > 04. Connection Agreements

Pursuant to § 9 of the General Terms and Conditions of the Agreement Concerning the Technical Connection and the Utilization of the Exchange EDP of Eurex Deutschland (Connection Agreement), Eurex Frankfurt AG is entitled to amend the General Terms and Conditions at any time, having due regard to the interests of the Trading Participant. Amendments to the General Terms and Conditions will be notified to Trading Participants at least six (6) weeks prior to their effective date. They are deemed to have been approved if the Trading Participant does not lodge objections in writing with Eurex Frankfurt AG within six (6) weeks of notification of the amendment.

Attachments:

1. Updated sections of the General Terms and Conditions to the Agreement on the technical connection and the utilization of the Exchange-EDP of Eurex Deutschland (Connection Agreement)
2. Updated sections of the General Terms and Conditions to the Agreement on the technical connection of a Multi-Member-System Provider to the Exchange-EDP Eurex^® (Provider Connection Agreement)

Further information

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