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==Trading technology== The [[open outcry]] style of trading was still the norm in the US and the UK in 1998 when Eurex launched. Eurex Exchange was one of the first to offer a fully [[electronic trading platform]] as opposed to the traditional forms, such as open outcry or pit trading, available at the time. That means buyers and sellers transacted from remote locations and were brought together through an electronic trading platform and network. A new platform was launched in 2013 and was known as the T7 trading architecture. T7 was originally developed by Deutsche Börse Group and it advanced electronic derivatives trading.<ref>{{cite web|url=http://www.eurexchange.com/exchange-en/technology/t7|title=Eurex Exchange - T7 Trading architecture|first=Eurex Frankfurt|last=AG|website=www.eurexchange.com}}</ref> {{As of |2016}}, this [[trading platform]] connected more than 7,700 traders in over 35 countries, trading more than 7.0 million contracts daily.<ref>{{cite web|url=https://www.leaprate.com/2016/08/deutsche-borse-group-114-8-million-contracts-traded-at-eurex-in-july-2016|title=Deutsche Börse Group: 114.8 million contracts traded at Eurex in July 2016|date=1 August 2016|publisher=}}</ref><ref name="marketswiki.com"/>
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