Trayport, a leading provider of energy trading solutions to traders, brokers and exchanges worldwide, today announced that GEN-I, trgovanje in prodaja elektricne energije (GEN-I) are using GlobalVision Trading Gateway through a Software as a Service (SaaS) delivery model, for power trading in Central and Eastern Europe (CEE).
Trayport's GlobalVision Trading Gateway is an industry-proven electronic trading platform that allows traders to access multiple liquidity pools and trade across these pools from a single user interface. Trading Gateway will provide GEN-I with a central system to manage and execute deals in increasingly global and complex energy markets.
Matej Wagner, Head of Trading at Gen-I, said 'With our global presence from Germany to Turkey and from France to Ukraine we are creating synergies that are the result of our extensive market expertise, highly qualified trading personnel and efficient organisation. Trayport is a part of this efficient organisation with its simplicity and a single screen for brokers and exchanges. Trading Gateway gives us the possibility of fast responses to market changes and enables us to capture opportunities that arise from market volatility.'
Combie Cryan, Head of Sales and Client Relations at Trayport, said "We are pleased that GEN-I are part of our growing list of trading participants in CEE. GEN-I wanted a consolidated view of market activity providing their traders with up to date market information. Trading Gateway allows GEN-I traders to find the best price quickly and capture market opportunities. We continue to work closely with GEN-I to help them grow CEE markets."
The GEN-I Group is governed through the parent company GEN-I, trgovanje in prodaja elektricne energije, d.o.o., and has a number of subsidiaries and representative offices in Central and Southeast Europe. The Group's core activities include international electricity trading and sales.