Trayport in the News
Time to consider electronic trading for oil markets
Jul 28 2010
The oil markets have stubbornly resisted electronic trading for 10 years. Alex Davis finds out if this is about to change. Of all of the over-the-counter energy markets in Europe, oil is the largest and the oldest. Methods for conducting OTC physical and derivatives deals are well established and attempts in the past to bring the voice-brokered activities on to electronic platforms have fallen flat.
However, brokers and software providers believe that the financial crisis two years ago and the renewed appeal of clearing services are altering attitudes. Thus something of a battle is developing between companies trying to take advantage of the potentially very lucrative changing winds.
However, brokers and software providers believe that the financial crisis two years ago and the renewed appeal of clearing services are altering attitudes. Thus something of a battle is developing between companies trying to take advantage of the potentially very lucrative changing winds.
