Algorithmic trading – which is based on automated high-frequency, low-volume trading – is testing the limits of the exchange's technology. The average number of daily quotes on the Eurex platform skyrocketed from 38 million in 2005 to 120 million year-to-date in 2006. The peak number of daily quotes hit 230 million this year.
In order to meet increasing demand, the exchange will move from sending out market data every quarter of a second to real-time feeds on December 18. Juerg Spillmann, chi