Market Notice 137/2024: EQUIDUCT FIX GUIDANCE NOTE ON APEX ORDER ELIMINATIONS

Please be advised of the publication of a new Guidance Note providing specific information about Equiduct FIX behaviour for scenarios where resting Apex orders are removed from the Equiduct order book. Correct handling for these scenarios is crucial to minimise risk in case of outages where the Apex service is unavailable, leaving resting orders at risk of missing execution opportunities.

In parallel with the release of this Guidance Note, Equiduct announces the opening of a phased conformance testing window for Apex clients, which will extend into H1 2025. To ensure an efficient rollout and prevent potential scheduling bottlenecks, we are beginning this phase with Apex clients located in Spain. Below is the suggested conformance testing schedule with our Market Control team:

We strongly encourage market participants and ISVs to contact our Market Control team to schedule their testing.

Please contact Market Control if you have any questions.