What service does Eurex EnLight provide for exchange participants?

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Eurex EnLight offers a request-for-quote service specifically designed for off-book trades. This service enables market participants to request quotes from other participants in a structured manner, facilitating the negotiation process for trades that do not occur on the central order book. This is particularly useful for executing large or complex trades that could potentially impact market prices if they were to be executed on the exchange directly.

By using the request-for-quote mechanism, participants can keep their trading strategies more discreet while still ensuring that they can trade efficiently. This functionality helps to enhance liquidity while managing the transparency and execution of trades outside the traditional order book system.

The other options represent different functionalities not provided by Eurex EnLight, which focuses on off-book trade facilitation rather than public auctions, centralized order matching, or general trading platforms.

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