Trayport links to International Petroleum Exchange

Trayport, the leading supplier of electronic trading systems, today announced its integration with the International Petroleum Exchange (IPE), enabling users to view, post, monitor and trade IPE prices via Trayport's GlobalVision Trading Gateway (GV TG).

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Trayport and the IPE entered into an ISV partnership to extend access to the exchanges futures contracts via Trayport's GV TG. Its solution, serving as the de-facto standard trading platform for commodities (OTC and exchange-traded futures), will enable authorised traders to interact directly with the IPE alongside other electronic commodity marketplaces.

Available globally from June 2005, users of Trayport's platform will benefit from this integration of tradable IPE prices, enabling a more comprehensive view of multiple commodity markets and a faster, more efficient execution. The exchange will get more order flow for its benchmark Brent contracts as well as support for its new gas, power and European Climate Exchange (ECX) contracts.

Elliott Piggott, Commercial Director at Trayport, said: "We are extremely pleased to provide the IPE link to our clients. There has been widespread interest from the market for this level of integrated access and it will add liquidity to the commodity marketplace overall."

Based on the current significant appetite for connectivity access Trayport is actively evaluating additional third-party commodity links.

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