GFI Market Data, a division of GFI Group Inc., announced today that it has entered into an agreement with E.ON Edis.
GFI will supply E.ON Edis with historical data as well as streaming updates.
E.ON Group is one of the most important international players within the power industry and a leader in generation and distribution of gas and electric power. The company's operations are concentrated on the markets of Western and Central Europe, Great Britain, Scandinavia, and USA.
Mario Vogler, E.ON Edis Energy Grid Manager said: "We use the data from GFI as a market price monitor as a part of our daily electricity procurement. The data gives us a very comprehensive market overview; it even includes data from the commodity market which we greatly value" and added, "GFI Market Data is very easy to operate and works very quickly."
"We are very happy to have this opportunity to work with E.ON Edis" said Shai Popat, Head of European Sales at GFI Market Data." We provide an independent and comprehensive view of the energy markets. Our data derives from our brokers as well as from our premier electronic trading screen for energy and commodities, EnergyMatch® Europe. This gives a great insight into the market, providing a view of liquidity and actual market values."
E.ON Edis AG is a member of E.ON Group involved in distribution of power and gas within the territory of federal states of Brandenburg and Mecklenburg - Hither Pomerania. The company is also a shareholder of a number of media suppliers - including supplies of heat to numerous cities in East Germany.
Sourced directly from GFI EnergyMatch® Europe, GFI Group's energy and commodities electronic trading platform for Europe, GFI Market Data provides a comprehensive view of executable and executed prices in the Power, Gas, Emissions, Coal and Freight markets.