Euronext Derivatives - How the Market Works v5.3

The purpose of this document is to provide a description of the main functionalities and services offered by Optiq® for Euronext Derivatives markets, with a focus on key principles, examples where possible, as well as advantages and benefits.
Moreover, at the end of the document, technical and architectural topics are also covered for the sake of completeness.

MiFID II - Tick sizes Equities Update 2 April 2024

This file provides an overview of the Tick Size changes for Equities following the annual review of ESMA.

Go-Live Weekend Guidelines - Borsa Italiana Optiq Migration Phase 3 v1

The purpose of this document is to inform clients about the agenda and activities that will take place during the Go-Live Weekend organised in the context of the Borsa Italiana migration onto Optiq (Phase 3). This document aims to provide guidance on timing, scope and a detailed schedule to the clients for them to prepare for the event.

IDEM Product Codes Mapping v3
Optiq Drop Copy Service - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.1 + TC

This document is about the Drop Copy Service that provides, nearly, a real-time copies of required information produced by Optiq under trade reports and order messages format.

Euronext Market Making Performance report - v. 6.0 - Optiq

The “Market Making Performance Report” (hereinafter referred to also as the “Report”) is made available to all market participants who have signed a MiFID 2 market making agreement or scheme, or (for Borsa Italiana only) a liquidity provision agreement with the relevant Euronext Market Undertaking. The goal of this Report is to provide market participants with a measure of the level of compliance with their market making obligations.

Optiq Drop Copy Service - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.1

This document is about the Drop Copy Service that provides, nearly, a real-time copies of required information produced by Optiq under trade reports and order messages format.

Dress Rehearsals Guidelines - Borsa Italiana Optiq Migration Phase 3 v1.2

The purpose of this document is to inform clients about the agenda and activities that will take place during the two Dress Rehearsals organised in the context of the Borsa Italiana migration onto Optiq (Phase 3 - IDEM).

Optiq MDG Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.0

Optiq MDG Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.0

Optiq Drop Copy Service - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.0 +TC

Optiq Drop Copy Service - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.0 +TC

external_drop_copy_messages_binary_sbe_input_333
Optiq MDG Production Connectivity - Euronext Cash and Derivatives Markets - External - v5.33.0

Optiq MDG Production Connectivity - Euronext Cash and Derivatives Markets - External - v5.33.0

Optiq MDG EUA Connectivity - Euronext Cash and Derivatives Markets - External - v5.33.0 +TC
Optiq OEG FIX 5.0 Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.0

Optiq OEG FIX 5.0 Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.0

Optiq MDG Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.0 +TC

Optiq MDG Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.0 +TC

oeg_binary_sbe_input_333
Optiq MDG Production Connectivity - Euronext Cash and Derivatives Markets - External - v5.33.0 +TC.pdf

Optiq MDG Production Connectivity - Euronext Cash and Derivatives Markets - External - v5.33.0 +TC

Optiq Drop Copy Service - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.0

Optiq Drop Copy Service - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.0

Optiq OEG FIX 5.0 Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.0 +TC

Optiq OEG FIX 5.0 Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.0 +TC

Optiq MDG EUA Connectivity - Euronext Cash and Derivatives Markets - External - v5.33.0
mdg_binary_sbe_input_333
Optiq OEG SBE Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.0

Optiq OEG SBE Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.0

Optiq OEG SBE Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.0 +TC

Optiq OEG SBE Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.33.0 +TC

Milan Equity Derivatives - Partition ID Change v1

Sample file with the mapping of the Milan Equity Derivatives Contract that will be impacted by the Partition Change.

Optiq OEG TCS Error List - Technical Specification - Euronext Cash and Derivatives Markets - External - v5.31.1

Optiq OEG TCS Error List - Technical Specification - Euronext Cash and Derivatives Markets - External - v5.31.0

Guide to Trading System - Borsa Italiana Migration to Optiq - Functional Changes v.3.2
Euronext Optiq Market Data Gateway MDG Lite - Production Connectivity v1.4 + TC

Euronext Optiq Market Data Gateway MDG Lite - Production Connectivity v1.4 + TC

Euronext Mid-Point Match - Dark Order Book EUA Test Instruments v2

Euronext Mid-Point Match - Dark Order Book EUA Test Instruments

Euronext Optiq Market Data Gateway MDG Lite - Production Connectivity v1.4
Subscriptions Rights & Stock Warrants Updated Collars - Impacted Trading Groups for the Production environment

Subscriptions Rights & Stock Warrants Updated Collars - Impacted Trading Groups for the Production environment

Subscriptions Rights & Stock Warrants Updated Collars - Impacted Trading Groups for the Next EUA environment

Subscriptions Rights & Stock Warrants Updated Collars - Impacted Trading Groups for the Next EUA environment

BITA - Market Making Performance report - v.5.0 - Optiq

The scope of this document is to provide a technical description of the “Market Making Performance Report” service.

BITA - OTR Reporting - v 5.0 - Optiq

The scope of this document is to provide a technical description of the “OTR Calculation and Reporting” service. Chapter 2 of this document provides details regarding the implementation of the OTR regime for Borsa Italiana markets. Chapters from 3 to 5 provide technical information and specifications regarding the daily OTR reports made available to Borsa Italiana Member Firms

End Of Day Files - Interface Specification - Euronext Cash Markets - External - v5.31.0 +TC

End Of Day Files - Interface Specification - Euronext Cash Markets - External - v5.31.0 +TC

Optiq MDG Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0

Optiq MDG Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0

Optiq OEG MDG - Kinematics Specification - Euronext Cash Markets - External - v5.31.0 +TC

Optiq OEG MDG - Kinematics Specification - Euronext Cash Markets - External - v5.31.0 +TC

Optiq OEG TCS Error List - Technical Specification - Euronext Cash and Derivatives Markets - External - v5.31.0

Optiq OEG TCS Error List - Technical Specification - Euronext Cash and Derivatives Markets - External - v5.31.0

Optiq Files - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0

Optiq Files - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0

Optiq OEG FIX 5.0 Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0 +TC

Optiq OEG FIX 5.0 Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0 +TC

Optiq OEG SBE Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0

Optiq OEG SBE Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0

Euronext Mid-Point Match And Non-Displayed Trading Functionalities – Functional Overview V 1.1

This document describes the functional and technical requirements related to the implementation of the non-displayed trading functionalities in the Lit Euronext Central Order book.

Optiq Drop Copy Service - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0

Optiq Drop Copy Service - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0

Optiq MDG Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0 +TC

Optiq MDG Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0 +TC

Optiq OEG MDG - Kinematics Specification - Euronext Derivatives Markets - External - v5.31.0

Optiq OEG MDG - Kinematics Specification - Euronext Derivatives Markets - External - v5.31.0

oeg_binary_sbe_input_331
End Of Day Files - Interface Specification - Euronext Cash Markets - External - v5.31.0

End Of Day Files - Interface Specification - Euronext Cash Markets - External - v5.31.0

Optiq Files - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0 +TC

Optiq Files - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0 +TC

Optiq OEG MDG - Kinematics Specification - Euronext Cash Markets - External - v5.31.0

Optiq OEG MDG - Kinematics Specification - Euronext Cash Markets - External - v5.31.0

Optiq OEG SBE Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0 +TC

Optiq OEG SBE Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0 +TC

Optiq Drop Copy Service - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0 +TC

Optiq Drop Copy Service - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0 +TC

Optiq OEG FIX 5.0 Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0

Optiq OEG FIX 5.0 Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.31.0

Optiq OEG MDG - Kinematics Specification - Euronext Derivatives Markets - External - v5.31.0 +TC

Optiq OEG MDG - Kinematics Specification - Euronext Derivatives Markets - External - v5.31.0 +TC

mdg_binary_sbe_input_331
Migration Guidelines - Borsa Italiana Optiq Migration v5.2
Instruments switching from Guaranteed to Non-Guaranteed

List of ETF and Fixed Income instruments from Guaranteed to Non-Guaranteed on Friday 24 November 2023 (effective 27 November 2023)

Euronext Cash Clearing Migration - Trading Groups impacted by the cancellation of resting orders

Euronext Clearing Cash Clearing Migration - Trading Groups impacted by the cancellation of resting orders

Optiq Drop Copy Service - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.30.0 +TC

This document is about the Drop Copy Service that provides, nearly, a real-time copies of required information produced by Optiq under trade reports and order messages format. To be able to connect to the Drop Copy gateway, clients will have a dedicated connection setup that fits their needs with a Drop Copy configuration allowing them to access to various “Logical Accesses”, for one, or across different Optiq Segments.

Optiq OEG SBE Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.30.0

This document sets out the client messages specifications for Optiq OEG using the SBE format. More specifically, it describes the contents of administrative and application messages and provides detailed field descriptions.

Common File Transfer System Members - User Guide - Euronext Cash and Derivatives Markets - External - v5.30.0 +TC

The purpose of this document is to provide general technical information about Euronext Common File Transfer System Services. Euronext Common File Transfer System (CFTS) provides file distribution services to customers that have either an EMDDA (market data), SPA (Service Provider) or TPA (Trading Platform) agreement to get access to the core trading chain of Euronext.

Optiq OEG MDG - Kinematics Specification - Euronext Derivatives Markets - External - v5.30.0

The purpose of this document is to detail Kinematics for Optiq Order Entry Gateway and Market Data Gateway messages.

oeg_binary_sbe_input_330.xml
Optiq OEG FIX 5.0 Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.30.0

The purpose of this document is to set out the client messages specification for Optiq OEG using FIX 5.0 format. More specifically, it describes the content of administrative and application messages and provides detailed field descriptions.

Optiq OEG SBE Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.30.0 +TC

This document sets out the client messages specifications for Optiq OEG using the SBE format. More specifically, it describes the contents of administrative and application messages and provides detailed field descriptions.

Optiq Drop Copy Service - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.30.0

This document is about the Drop Copy Service that provides, nearly, a real-time copies of required information produced by Optiq under trade reports and order messages format. To be able to connect to the Drop Copy gateway, clients will have a dedicated connection setup that fits their needs with a Drop Copy configuration allowing them to access to various “Logical Accesses”, for one, or across different Optiq Segments.

Optiq OEG MDG - Kinematics Specification - Euronext Derivatives Markets - External - v5.30.0 +TC

The purpose of this document is to detail Kinematics for Optiq Order Entry Gateway and Market Data Gateway messages.

Common File Transfer System Members - User Guide - Euronext Cash and Derivatives Markets - External - v5.30.0

The purpose of this document is to provide general technical information about Euronext Common File Transfer System Services. Euronext Common File Transfer System (CFTS) provides file distribution services to customers that have either an EMDDA (market data), SPA (Service Provider) or TPA (Trading Platform) agreement to get access to the core trading chain of Euronext.

Optiq OEG FIX 5.0 Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.30.0 +TC

The purpose of this document is to set out the client messages specification for Optiq OEG using FIX 5.0 format. More specifically, it describes the content of administrative and application messages and provides detailed field descriptions.

mdg_binary_sbe_input_330
IF231116CA New Euronext Stocks on Trading After Hours

List of New Euronext Stocks on Trading After Hours

Euronext Optiq Market Data Gateway MDG Lite Client Specifications - v1.2 + TC

Euronext Optiq Market Data Gateway MDG Lite Client Specifications - v1.2 + TC

IF231109 New Stocks On Global Equity Market and Trading After Hours

List of New Stocks On Global Equity Market and Trading After Hours

Euronext Optiq Market Data Gateway MDG Lite Client Specifications - v1.2

Euronext Optiq Market Data Gateway MDG Lite Client Specifications - v1.2

Optiq OEG TCS Error List - Technical Specification - Euronext Cash and Derivatives Markets - External - v5.29.0

Optiq OEG TCS Error List - Technical Specification - Euronext Cash and Derivatives Markets - External - v5.29.0

Optiq Drop Copy Service - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.29.0 +TC

This document is about the Drop Copy Service that provides, nearly, a real-time copies of required information produced by Optiq under trade reports and order messages format. To be able to connect to the Drop Copy gateway, clients will have a dedicated connection setup that fits their needs with a Drop Copy configuration allowing them to access to various “Logical Accesses”, for one, or across different Optiq Segments.

Optiq OEG FIX 5.0 Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.29.0

The purpose of this document is to set out the client messages specification for Optiq OEG using FIX 5.0 format. More specifically, it describes the content of administrative and application messages and provides detailed field descriptions.

Optiq OEG SBE Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.29.0 +TC

Optiq OEG SBE Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.29.0 +TC

Request For Quote - Detailed Functional Specification - Euronext Cash Markets - External - v5.29.0

Request For Quote - Detailed Functional Specification - Euronext Cash Markets - External - v5.29.0

oeg_binary_sbe_input_329
Optiq MDG Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.29.0

The purpose of this document is to describe the Optiq Market Data Gateway.

Optiq OEG Service - Euronext Cash and Derivatives Markets - Interface Specification - External - v5.29.0

Optiq OEG Service - Euronext Cash and Derivatives Markets - Interface Specification - External - v5.29.0

mdg_binary_sbe_input_329
Optiq Files - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.29.0

This document should be read by Euronext’s clients developing tools for retrieving and processing Market Data files.

Optiq OEG FIX 5.0 Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.29.0 +TC

The purpose of this document is to set out the client messages specification for Optiq OEG using FIX 5.0 format. More specifically, it describes the content of administrative and application messages and provides detailed field descriptions.

Optiq OEG MDG - Kinematics Specification - Euronext Derivatives Markets - External - v5.29.0

Optiq OEG MDG - Kinematics Specification - Euronext Derivatives Markets - External - v5.29.0

Request For Quote - Detailed Functional Specification - Euronext Cash Markets - External - v5.29.0 + TC

Request For Quote - Detailed Functional Specification - Euronext Cash Markets - External - v5.29.0 + TC

Optiq Drop Copy Service - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.29.0

This document is about the Drop Copy Service that provides, nearly, a real-time copies of required information produced by Optiq under trade reports and order messages format. To be able to connect to the Drop Copy gateway, clients will have a dedicated connection setup that fits their needs with a Drop Copy configuration allowing them to access to various “Logical Accesses”, for one, or across different Optiq Segments.

Optiq MDG Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.29.0 +TC

The purpose of this document is to describe the Optiq Market Data Gateway.

Optiq OEG SBE Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.29.0

Optiq OEG SBE Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.29.0

Optiq OEG Service - Euronext Cash and Derivatives Markets - Interface Specification - External - v5.29.0 +TC

Optiq OEG Service - Euronext Cash and Derivatives Markets - Interface Specification - External - v5.29.0 +TC

Optiq Files - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.29.0 +TC

This document should be read by Euronext’s clients developing tools for retrieving and processing Market Data files.

Borsa Italiana Optiq Migration - IDEM Contracts in Next-EUA v1

Borsa Italiana Optiq Migration - IDEM Contracts in Next-EUA v1

Optiq OEG MDG - Kinematics Specification - Euronext Derivatives Markets - External - v5.29.0 +TC.pdf

Optiq OEG MDG - Kinematics Specification - Euronext Derivatives Markets - External - v5.29.0 +TC

Optiq Derivates Certification Test Report_v.1_0.xlsx
Optiq OEG ME Derivatives_Conformance Test Script_Binary_FIX_Protocols-v1.4.pdf

Optiq OEG ME Derivatives_Conformance Test Script_Binary_FIX_Protocols-v1.4

SBE Upgrade And Delivery Schedule v3.0

This document provides clients with an overview of the SBE upgrades and related deliveries/changes that are scheduled by Euronext in the coming weeks. As upgrades and changes will be implemented on an ongoing basis in preparation for the integration of the Borsa Italiana Markets onto Optiq, clients are invited to review this schedule regularly. Note that the deliveries mentioned below impact all Euronext Markets and are not exclusive to Borsa Italiana Markets. Euronext will issue dedicated communications with each release to provide details on client impact.

Euronext Cash Clearing Migration – Settlement Platform Update Production Instruments v4

In relation to the migration of default CCP arrangements on Euronext Amsterdam, Brussels, Dublin, Lisbon and Paris cash markets to Euronext Clearing in Q4 2023, the place of settlement for a set of financial instruments will change to Euroclear Bank (effective date 16 October 2023). This document provides an overview of the Production instruments that will change the Settlement Platform.

Member guidelines for Disaster Recovery 14 October 2023

The purpose of this document is to inform Euronext clients about the agenda and activities related to the Euronext 2023 Disaster Recovery Tests.

Optiq MDG Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.28.1

The purpose of this document is to describe the Optiq Market Data Gateway.

Optiq MDG Messages - Interface Specification - Euronext Cash and Derivatives Markets - External - v5.28.1 +TC
Borsa Italiana Optiq Migration - Instrument Group Code v13

Borsa Italiana Optiq Migration - Instrument Group Code v13