History

Trayport was founded in 1993 by Edmund Hor. With his software development background, the company has always had a strong technology focus. Our products have established leading positions in the broking, exchange and trading markets, and we have been consistently profitable, with year on year growth.

We are a rapidly growing business, having appeared in the Deloitte Technology Fast 50, and topped the Sunday Times Tech Track league of companies. We pride ourselves on being a leader in our field, building the best trading systems to meet our clients’ needs throughout the world.

Workplace culture is something we particularly focus on. Developing the right spirit of cooperation and work-life balance has been key to Trayport’s growth in recent years. At Trayport we work very hard to bring the right people on board, create the right environment for success and invest in their development.

Initially used by energy inter-dealer brokers as a price dissemination platform, our GlobalVision trading platform can now be used to trade multiple asset classes in any market configuration. With its simplicity, depth of functionality and reliability, we invest into research and development to make GlobalVision the platform of choice for brokers, exchanges and traders across the globe today.

2008

• Celebrates 15 years in business.
• Acquired by GFI Group Inc.
  
• Exchange Client wins in Japan, France, Romania, Norway and Denmark.
• Further take up of Trading Gateway product by Hedge Funds trading commodity markets.
• Ranks 68 in the Sunday Times Best Small Companies to work for.
  

2007

• User count reaches 10,000.
• New Zealand Stock Exchange goes live with Trayport’s Exchange Trading System.
• Hong Kong office established for Asia Pacific region.
• Wider access to European Energy Exchanges established for Trading Gateway users.
• Trayport re-aligns its structure and offerings for key user groups of Brokers, Traders and Exchanges.

2006

• Trayport moves into new London headquarters.
• New York office established.
• Trayport further expands into new asset classes including soft commodities, currencies, and fixed income.
• First multi-broker platform launches in freight derivatives market.
• European energy markets continue to adopt Trayport’s Trading Gateway.

2005

• Number of Trayport users tops 7,000.
• Trayport moves into Fixed Income market with Canadian Government Bonds.
• Trayport opens Singapore office.
• Trayport is awarded runner up position in the Deloitte and Touche Fast 50 league table for London and the South East.
• Trayport continues to expand into European energy markets, including emissions and spanish power.
• Majority of Trayport clients upgrade to Trayport GlobalVision™ 8.

2004

• Trayport moves into new financial markets with credit default swaps.
• Trayport's first Exchange clients launch with Trayport GlobalVision 8.
• Trayport GlobalVision 8 is used in the freight derivatives market.
• Trayport is voted the top trading platform by its users in the Energy Risk Magazine User Choice Awards.
• Trayport tops the Sunday Times 2004 Tech Track league of companies listed for a third consecutive year.

2003

• First clients deploy Trayport GlobalVision 8.
• Trayport GlobalVision 8 displayed at Finexpo 2003, configured to trade FX Forwards, Interest Rate Swaps and other financial instruments.
• Trayport tops the Deloitte and Touche Fast 50 league table for the fastest growth over three years in London and the South East.
• Trayport named Britain's second fastest growing technology company by the Sunday Times 2003 Tech Track.

2002

• Sunday Times 2002 Tech Track Awards recognise Trayport as one of Britain's fastest growing technology companies.
• Trayport GlobalVision 8 Beta released, providing users with the ability to create, modify and adapt their own instruments in real-time, completely white label the product according to their company preferences, and rapidly deploy the product to multiple users.
• Trayport GlobalVision 7.8 released to cater for clearing functionality.

2001

• Live trading of Cleared and Bilateral European Electricity.
• Trayport GlobalVision 7.7 released with the capability to trade complex option strategies, improved front-end and admin functionalities.

2000

• Trayport GlobalVision is recognised as the most popular energy trading platform in Europe.
• Multiple European Electricity Implementations, Nordic, US, European and UK Electricity, UK, European and US Natural Gas, US Coal, US Emission, European Green House Gas, International Physical Coal, and UK Metals traded live.
• Trayport GlobalVision API 1.0 released, enabling prices to be integrated into third-party systems.
• Trayport GlobalVision 7.4, 7.5 and 7.6 released.

1999

• Trayport GlobalVision 7, an exchange-capable transaction platform, delivered and used as an automated exchange to trade electricity.
• Trayport GlobalVision is the first system to transact coal worldwide over the Internet.

1998

• Trayport delivers GlobalVision 6, which includes a robust new communications layer, and is entirely TCP/IP based to facilitate Internet based trading.

1997

• Trayport launches GlobalVision (the first version has many of the same modules as the Price Distribution System, and is therefore Version 5). This complete redevelopment provides a new GUI front end, user-definable instruments for rapid time to market, external interfaces, and OLE and DDE linking to Excel. In addition, it addresses multi-server synchronization along with new modules for importing prices.

1996

• Trayport delivers a new calculation engine addressing market product innovation, and enabling the platform to trade a broader range of standard and non-standard instruments.

1995

• Trayport provides Version 3 and 4, with enhanced price delay capabilities and multiple server solutions for multiple locations.

1994

• Version 1 of the Price Distribution System is released, providing a consolidated view of the market.
• Version 2 caters for multiple users with enhanced technical capabilities and distribution providing significant speed to market for users.

1993

• Edmund Hor founds Trayport, originally focusing on price dissemination platforms.