Trayport, a leading provider of energy trading solutions to traders, brokers and exchanges worldwide today announced that Global Commodities are now using Trayport's GlobalVision Broker Trading System (BTS) for European power, gas and environmental trading.
Global Commodities, subsidiary of Global Equities Capital Markets, is a leading interdealer brokerage house based in Paris who facilitate execution across all the main European energy markets on Eurpoean power, gas, emissions and green certificates.
Trayport's BTS has proven itself to be the preferred hybrid e-broking system in energy markets. The Trayport BTS offers brokers access to a growing network of traders using Trayport's trading technology. As an award-winning, multi-asset class electronic trading platform with a sophisticated matching engine and customisable front end, the BTS is designed to enhance broker voice operations and facilitate an electronic hybrid brokerage model for OTC markets.
"When we were looking to enter into the European energy and environmental markets, it was essential for us to use a leading market provider offering a solid trading platform and having the capabilities to customise evolutive and flexible market tools" said Brahim Habeddine, Managing Director of Global Commodities. "Trayport is established and recognised as being a market leader with a well-integrated trading solution for many of our clients, providing them security, transparency and efficiency by their market operations and orders executions. It was important that we chose a vendor that is not only market leader but also has the capability and flexibility to adapt with the needs of our business in the future."
Combie Cryan, Head of Client Relations at Trayport, said "We are delighted that Global Commodities chose Trayport technology to underpin their carbon, green certificates, European power and gas brokerage trading operations. We look forward to developing a long term relationship and continuing to build a strong community that are utilising technology to grow energy trading markets worldwide."