Xetra® Enhanced Transaction Solution (ETS)

The Xetra^® Enhanced Transaction Solution (ETS) is a trading interface designed for market participants who are interested in low latency market access and transaction processing.

The main characteristics of ETS are:

• ETS is a message-based interface, the ETS connection is established simply via a TCP connection. No software has to be installed by the member.
• ETS is a session-oriented interface: an ETS application receives information on orders and quotes entered within the own session. Up to 100 trader logons are possible within one single session simultaneously.
  • Orders and quotes entered via other ETS Sessions can be queried (query order/quote).
  • Trade confirmations are delivered, depending on the parameter, also for other sessions or even other Member-IDs – Non-Clearing Members (backoffice functionality).

• ETS is an open interface: there are no restrictions regarding operating system and programming language.
• ETS is a simple interface with a low foot print and an uncomplicated syntax.
• A full documentation is provided via the protocol specification but also in an electronically-readable form using XML.

ETS does not provide:

• Market data (for example instrument prices, order book depth or indices)
• System status or instrument trading phase data
• News messages
• Administration for members, traders or instruments

For further questions the Technical Helpdesk is at your disposal.