Deutsche Börse: New market data feed to provide insight into entire Xetra order book

Frankfurt - 23 March 2017

Effective June 2017, Deutsche Börse will be offering the new market data feed CEF® ultra+ Xetra Order by Order.

The new feed will provide insight into the entire visible Xetra order book with unlimited order book depth. Market Data + Services designed the high-performance data feed for market participants requiring the highest data throughput possible at lowest latency. The information product ‘Xetra Order by Order’ contains most granular market data for all trading instruments.

“We developed CEF ultra+ Xetra Order by Order for our Algo Trading Community whose strategies and computer-aided processes are based on speed and the completeness of information. The granular data is particularly beneficial for buy- and sell-side customers, whose algorithms monitor trading processes.

By processing highly detailed information on individual orders, these algorithms support trading decisions,” said Hartmut Graf, Head of Data Services at Deutsche Börse.

The migration of Xetra to T7 trading technology in June 2017 has been key to making the new offering possible.

CEF ultra+Xetra Order by Order includes, among other things,: un-netted order by order public market data, full order book depth for all instruments, information on the sell- and buy-side, such as price, timestamp and displayed quantity of each visible quote and order, trade prices and traded quantity for each executed on-exchange trade, product and instrument state information as well as quote and cross requests.

Market Data + Services Deutsche Börse is one of the world’s leading service providers for the securities industry with a product and service offering for issuers, investors, intermediaries and data vendors. The Group's offering covers the entire value chain from trading, through clearing, to settlement and custody of securities.

Market Data + Services is part of Deutsche Börse's IT & Operations, Data & New Asset Classes division and comprises the Group's broad market data offering as well as external technology and network services. Products and services include real-time and historical trading data from the Group trading venues Eurex and Xetra, as well as from cooperation partners. The department also markets reference data for more than 1,000,000 securities and over 11,000 indices including the STOXX and DAX index families, an excellent trading infrastructure and reliable network services.

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