Trayport Limited, a GFI Group company and leading provider of multi-asset class electronic trading solutions, has announced that its Trading Gateway system, which enables traders to view and trade market data from multiple liquidity pools on a single user interface, will connect to the CME Globex electronic trading platform and the CME ClearPort clearing system beginning July 2009.
This will provide traders using the Trading Gateway with electronic access to trading and/or clearing of NYMEX and COMEX energy and metals products.
Trading Gateway will list selected energy and metals products that are traded on CME Globex and are available for clearing through CME ClearPort, a set of flexible clearing services open to over-the-counter (OTC) market participants to substantially mitigate counterparty risk and provide capital efficiencies.
"We are excited to offer links from Trading Gateway to extend access to CME Globex and CME ClearPort," said James Davies, Trayport's Head of Trader Systems Business. "It not only gives greater access for Trayport clients but also further extends CME Group's reach in Europe."
Current Trayport customers looking to add Nymex connectivity to their platform should contact Trayport for more information. Trayport's connectivity to CME Group's products is supported by the Object Trading FrontRunner suite of software.