Oslo Derivatives Front-To-Back Testing

OSLO DERIVATIVES FRONT-TO-BACK TESTING

Euronext reminds clients to perform the mandatory Derivatives Front-to-Back test with their clearing member and submit the validation form as soon as possible. This test is mandatory before the
Go-Live of Derivatives on 7 December 2020, pending regulatory approval.

The purpose of the Front-to-Back test is for trading members to test the full trading chain – populating orders with the clearing fields they use, creating trades, and then liaising with their clearing partner to ensure the clearer has received and allocated the trades as expected.

Clients can refer to the Derivatives Front-to-Back test script for scenarios to test. Clients are expected to perform scenarios that are relevant for them, i.e. clients are not obliged to perform all scenarios in the script. They should aim to ensure that the mapping of fields and the associated configured values, from order entry to posting in clearing accounts, is correctly populated by the client’s trading-facing systems, clearing members and back offices.

Once the trading member has confirmed with their clearing member that mapping is as expected, clients are asked to submit the validation form below to complete this test.

■     Script: Derivatives Front-to-back script

■     Validation form: Derivatives Front-to-back validation form

Customers who have additional Oslo related questions are invited to contact the Client Services team and use the dedicated client support mailbox for the Oslo migration oslomigration@euronext.com.

Operational Client Services Desk

Telephone:

Email: clientsupport@euronext.com                                  Service hours: 08:00 – 19:00 CET