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Deutsche Borse And Eurex Offer Expanded Derivatives Information
Frankfurt, 24 Jan 2000
The Information Products Division of Deutschen Börse has been disseminating additional information on trading in
derivatives products at Eurex, the European derivatives exchange, since January 17: The so-called Eurex Market
Depth shows the five best bid and ask prices in the Eurex order book for selected products like futures on the DAX,
SMI, Dow Jones Euro STOXX, Bund, Bobl and Schatz as well as the prices and volumes of these orders. These
data, which were previously only available to Eurex market participants via their trading screens, are now also being
distributed to data vendors. The market depth is the basis for assessing the market dynamics and liquidity of
individual securities. Deutsche Börse is thus enhancing market transparency in the derivatives market, Eurex. This
will especially be to the benefit of institutional investors and private investors. Deutsche Börse has offered a
comparable product, Xetra Market Depth, since March of last year.
The data for the new product, Eurex Market Depth, are transmitted via the real-time price interface of Deutsche
Börse Ticker Plant Frankfurt (TPF) to data vendors who in turn pass on the market data via information terminals.
As of mid-2000, all market data will be offered as an integrated data stream via the new Consolidated Exchange
Feed (CEF) system. The main advantage of CEF is that it bundles several data streams and gives data vendors
and financial institutions integrated access to information from the cash and derivatives market.
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