Irish Stock Exchange launches new T7 trading technology

The Irish Stock Exchange (ISE) has gone live with Deutsche Börse’s new T7 trading platform for the Irish equity market. This new platform further enhances the performance and capacity of the ISE’s equity market offering.

T7 makes it easier and reduces cost to connect and trade equities

T7 delivers synergies which makes it even easier and reduces cost for international trading firms to connect and trade equities on the ISE due to lower development and maintenance costs for firms which are active on T7 across multiple markets. The new system also reduces latency even further for all trading members.

"Another milestone in our strategic partnership with Deutsche Börse" - Brian Healy, Irish Stock Exchange

Brian Healy, Director, Traded Markets, Development, Operations at the ISE, said: “The ISE is delighted to announce our successful migration to the state-of-the-art and proven T7 trading technology. This represents another milestone in our strategic partnership with Deutsche Börse, one of the leading exchange infrastructure providers globally. The new technology provides enhanced value to Irish market participants, enables us to further develop trading capabilities and capacity for our members in the years ahead, and positions us well in a time of significant change for exchanges across Europe and in advance of MiFID II implementation.”

"ISE will continue to benefit from our continuously improved cash market technology" - Holger Wohlenberg, Deutsche Börse 

Holger Wohlenberg, Managing Director Deutsche Börse Market Data + Services, added: “The decision to migrate to our T7 trading technology is another re-confirmation for the quality and reliability of our IT services and technology solutions. The Irish Stock Exchange will continue to benefit from our continuously improved cash market technology and a broad international network of market participants.”

T7 technology in use in several other exchanges globally

This technology went live for Xetra trading on the Frankfurt Stock Exchange on 3 July and is already in use at the Eurex Exchange and the European Energy Exchange. Several other stock exchanges in Europe and globally use Deutsche Börse’s trading infrastructure.

Xetra® and T7® are registered trademarks of Deutsche Börse AG.

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Notes to editors

About Deutsche Börse – Market Data + Services

Deutsche Börse is one of the world’s leading data and technology service providers for the securities industry with a product and service offering for issuers, investors, intermediaries and data vendors. The Group covers the entire value chain from trading, through clearing, to settlement and securities custody. Deutsche Börse Market Data + Services is part of the Group's IT & Operations, Data & New Asset Classes division and encompasses its extensive market data offering and external technology and connectivity services. The product and service range includes real-time and historical data from the Group's trading venues Eurex and Xetra as well as from cooperation partners. It also includes reference data for more than 1,000,000 securities, more than 11,000 indices including the STOXX and DAX index families, superior capital market infrastructure, and reliable connectivity services.

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CONTACT US

Ailish Byrne, Head of Public Affairs and Communications at the Irish Stock Exchange, Dublin

Ailish Byrne

+353 1 6174266

ailish.byrne@ise.ie