German derivatives platform Eurex experienced technical issues on its T7 trading system this morning leading to a delay in opening its futures and options markets.
According to a statement from the exchange, "Trading at Eurex Exchange was delayed this morning because of technical issues related to the distribution of market data."
The exchange relayed the messages of the delay to its members through its website and via Twitter, before starting its opening auction at 9.15am CET. Eurex’s normal opening time is 8.00am CET.
Eurex’s last outage of note was in August 2013 when technical issues saw its markets down for 60 minutes.
The exchange, known for its actively traded interest rate derivatives, has had a strong start to the year with average daily volumes up 22% in January compared with 2014.
This was largely due to a spike in its equity index derivatives trading which grew 31% through a surge on EURO STOXX 50 futures and options.