European Energy Exchange selects Trayport GlobalVision

Source: Trayport

From the end of November, the European EnergyExchange (EEX) will make access to trading significantly easier for its trading participants.

On 28 November 2011, EEX will commission the GlobalVision Portal solution developed by the software provider Trayport. This will considerably reduce the technical complexity for the customers.

So far, displaying of the EEX prices on the traders' screens is supported by a software which requires regular installations and adjustments by the trading participants. The Global Vision Portal only provides for one central connection of the Trayport systems to EEX. As a result of this, the exchange will be responsible for the specification of the technical connection to the Global Vision user interface in the future, which means that the demanding procedure will no longer be necessary for the trading participants.

"With this step we are considerably reducing complexity for our customers", says Dr. Christoph Mura, Chief Operating Officer (COO) of EEX AG. "Moreover, this solution enables us to make innovations - such as, for example, new products or mapping services - available for trading for the general market even faster."

The European Energy Exchange (EEX) develops, operates and connects secure, liquid and transparent markets. EEX holds 50 percent of the shares in EPEX Spot SE, which operates the Spot Market for Power for Germany, France, Austria and Switzerland. The German and French Derivatives Market for Power is concentrated within EEX Power Derivatives GmbH, a majority-owned subsidiary of EEX with registered offices in Leipzig. Furthermore, EEX offers spot and derivatives trading in natural gas and CO2 emission allowances as well as trading in financial coal futures. EEX Group also includes European Commodity Clearing AG (ECC), the central clearing house for energy and related products in Europe. 

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