Tradition extends Trayport contract

Source: Trayport Limited

Trayport Limited, a GFI Group company and a leading provider of multi-asset class electronic trading solutions, today announced that Tradition, a large interdealer broking group, has signed a new five year agreement for Trayport's GlobalVision Broker Trading System.

Tradition has used GlobalVision for broking European OTC energy and energy-related physical and derivative products since 2001.

"We are pleased to announce Tradition's commitment to use the platform for at least another five years," says Dan Smith, Head of Broker Systems at Trayport. "This deal reflects Trayport's continued commitment to the interdealer broker sector and Tradition's confidence in the GlobalVision product for their broking activities in European energy products for many years to come."

"We have used Trayport's GlobalVision Broker Trading System since 2001 to support our market-leading OTC Energy Businesses and we are pleased to be extending our relationship" says Tradition's Michael Anderson, Head of Energy, Europe.

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