CarbonDesk taps Trayport for e-trading

Source: Trayport

Trayport Limited, the leading provider of multi-asset broker trading solutions, today announced its GlobalVision Broker Trading system will be used by CarbonDesk.

CarbonDesk is an independent emissions broker offering clients dealing in all major emissions products both on-exchange and OTC.

CarbonDesk's clients include industrial companies with compliance obligations under the European Union's Emissions Trading Scheme (EU ETS), voluntary purchasers, project developers and financial institutions. Trayport's GlobalVision Broker Trading System provides CarbonDesk's brokers with electronic trading capabilities to support their voice operations and facilitates a hybrid brokerage model for over-the-counter (OTC) trading in carbon emissions.

Daniel Edelman, Head of Dealing at CarbonDesk said, "CarbonDesk's growth has been rapid and we have already established ourselves as an independent carbon credit broker as well as providing advice to developers of projects with the potential to generate carbon credits. Trayport's GlobalVision Broker Trading System is a major step in allowing us to create a highly profitable broking business with revenues generated through broking carbon credits on behalf of clients on both the buy-side and the sell-side".

"It is encouraging that GlobalVision Broker Trading System is gaining increased use by brokers trading emissions. This is another important step in adding liquidity to carbon markets in Europe. CarbonDesk is an important player in these markets and their growth and move to electronic trading is a key indicator of the company's intent for the future," said Dan Smith, Head of Broker Trading Systems at Trayport.

 

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