Amendments to the GTC to the Connection Agreement and GTC to the Provider Connection Agreement of the Frankfurter Wertpapierbörse regarding transaction reporting according to Art. 26 (5) MiFIR and migration of the upload processes for short codes and algoIDs

Release date: 07 Oct 2021

070/2021 Amendments to the GTC to the Connection Agreement and GTC to the Provider Connection Agreement of the Frankfurter Wertpapierbörse regarding transaction reporting according to Art. 26 (5) MiFIR and migration of the upload processes for short codes and algoIDsXetra Circular 070/21

1.  Introduction

In connection with the migration to a new technical solution for transaction reporting pursuant to Article 26 (5) MiFIR, which we informed you about in Xetra circular 035/21, and the migration of the SFTP upload functionality for short codes and AlgoIDs, which we informed you about in Xetra circular 046/21, an amendment to the General Terms and Conditions (GTC) to the Connection Agreements is required, which we inform you about in this circular.

The amendments will come into effect on 22 November 2021. The amended documents are listed below and attached to this circular.

2.  Required action

No special activities of Xetra Members or Multi-Member Service Providers are required.

3. Details

The changes in the GTC to the Connection Agreements relate to the migration to a new technical solution for transaction reporting pursuant to Article 26 (5) MiFIR and the migration of the SFTP upload functionality for short codes and algoIDs. Both technical solutions include the use of the Common Upload Engine (CUE), which is now included in the aforementioned GTC to the Connection Agreements. The Connection Agreements remain unchanged.

A.    Migration to a new solution for transaction reporting in accordance with Article 26 (5) MiFIR

The existing Connection Agreement to the Regulatory Reporting Hub will be terminated electronically. The connection for the transaction reporting according to Article 26 (5) MiFIR will take place via the Common Report Engine (CRE) and the CUE as of 22 November 2021.

B.    Migration of the SFTP upload functionality for short codes and algoIDs

The SFTP server currently used for short/long code and algoID uploads will be migrated to the CUE.

The amendments will become effective on 22 November 2021. The amended GTC are listed below and the specific amendments are attached to this circular. The respectively valid full version of the relevant GTC are available on the Cash Market website www.deutsche-boerse-cash-market.com under the following path:

The amendments will be deemed to be approved unless Trading Members admitted at the Frankfurt Stock Exchange file objections to the amendments with Deutsche Börse AG, Mergenthalerallee 61, 65760 Eschborn, Germany, in writing within six weeks after the amendments’ announcement.

Attachments:

  1. Updated sections of the “General Terms and Conditions of the Agreement on the Utilization of the Exchange EDP of the Frankfurt Stock Exchange and of the EDP Xontro (Connection Agreement)”, valid as of 22 November 2021
  2. Updated sections of the “General Terms and Conditions to the Agreement on technical connection of a Multi-Member Service Provider to the Exchange-EDP of Frankfurter Wertpapierbörse (Provider Connection Agreement)”, valid as of 22 November 2021 

Further information

Recipients:

All Xetra® Members and Vendors

Target groups:

Traders, Technical Contacts, Security Administrators, System Administrators, Nominated Persons, General

Contact:

Your Key Account Manager or client.services@deutsche-boerse.com
Your Technical Key Account Manager or cts@deutsche-boerse.com

Related circulars:

 

Xetra circulars 035/21, 046/21

Web:

 

www.deutsche-boerse-cash-market.com
www.xetra.com

Authorised by:

Cord Gebhardt, Annette Czypull