Eurex trading interface

Eurex Trading Interface connects QUIK broker system to futures and options trading at Eurex (European Exchange).

Module Functions

  • Information about instruments out of Eurex RDI (Reference Data Interface),
  • Level I and II quotes and anonymous transaction data out of Eurex EMDI (Enhanced Market Data Interface),
  • Forwarding/cancellation of orders and transmission of information on trades.

Connection to the Eurex trading system is established both for Market Data and transaction flows:

  1. Data connection utilizes network protocol UDP multicast and uses FIX/FAST messages to relay data from Eurex RDI and EurexEMDI to QUIK.
  2. The transaction connection is used to send/cancel orders and transmit transaction data. The transaction employs TCP and FIX network protocols.

Types of supported orders

  1. MARKET — immediately, at best price,
  2. LIMIT — when this becomes market price,
  3. Closing auction only — orders may be put throughout the day but they go live only at the closing auction,
  4. Good-till-date (GTD) — orders working till the specified date,
  5. Good-till-canceled (GTC) — orders working until they are cancelled,
  1. Immediate or Cancel (IOC) — orders with a condition of execution ‘cancel the rest’,
  2. Book or Cancel — ‘passive’ order which becomes a quote if not executed immediately (fully or partly),
  3. Persistent — order that ‘survives’ exchange glitches; it is saved on a hard disk of the trading system and is restored after a glitch,
  4. Non-Persistent — order that ‘does not survive’ exchange glitches; the order becomes cancelled in the event of a glitch.
The interface is installed at the broker’s PC connected to the QUIK server by TCP/IP protocol. The interface software may be installed on the same PC as the server software.
In order to perform pre-trade control of transactions and keep clients’ positions when trading on Eurex the QUIK server configuration needs to have the ‘Unified cash position module for spot and derivatives Markets’.

Hardware and software requirements

Hardware Product name

Processor Intel Xeon E5504 or better.

2 GB RAM.

20 GB available hard disk space.

OS Windows 2008/2012 Server x64.

The indicated hardware and software requirements are minimal. With ample resources the interfaces may be installed on the same PC as the QUIK server. Any arising questions may be addressed to the QUIK support service.

Use options

Purchase Managed services / System backup Hosting Testing
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