The European Energy Exchange AG (EEX) and Trayport have announced that trading participants on the EEX derivatives market can also now access EEX markets via Trayport’s GlobalVision trading gateway system.
EEX is releasing the EEX Communicator, an interface between the EEX derivatives market system and Trayport’s GlobalVision trading gateway system. With this interface it is possible for members to trade on the EEX derivatives market using Trayport’s screens and API.
The EEX Communicator supports the trading functions of both systems. It includes real-time updates of EEX market information such as prices and quantities and also enables traders to enter, change, delete and execute orders, and integrate EEX order book into consolidated order books.
“With the introduction of this technical innovation we have shown once again that we are not only continuously working for a sensible expansion of our product range but that the technical aspect of trading also plays an important role for us,” says Maik Neubauer, member of the management board and COO. “Trading on EEX is becoming increasingly simple and, hence, also faster and more transparent for the trading participants.”
“We are extremely pleased to work with EEX in the delivery of improvements in the trading process and experience”, comments Elliott Piggott, commerical director, Trayport. “There has been widespread interest from the energy trading community for ease of access to a wider range of markets and the popularity of trading gateway and its ease of use makes it the ideal platform through which to do this.”