Trayport Company History Overview

Please review our timeline to see the major events in Trayport's growth since our founding in 1993.

2015: Continued growth and launch of the REMIT Reporting tool

  • Collaboration agreement signed with Updata
  • Clients use REMIT reporting prototype

2014: Trayport Complete Go-Live and growth in Central and Eastern Europe

  • Polenergia Obrot selects Globalvision Trading Gateway
  • Gen-I selects Globalvision Trading Gateway
  • OPCOM selects Trayport's Globalvision Exchange Trading System
  • Trayport Complete goes live and enables clients to meet their EMIR trade reporting obligations

2013: Contigo acquisition and market recognition

  • Trayport Acquires Contigo
  • Wins best 'Post Trade Services' and best 'Coal Trading' awards from Energy Risk 
  • Australian Energy Market Operator (AEMO) selects Trayport's ETS
  • Over 200 Trading Gateway clients

2012: Launch of Complete, EMAG & continued international growth

  • Introduces Complete, its suite of post-trade solutions
  • Launches Energy Market Access Gateway - its pre-trade risk and market access system
  • CEGH selects Trayport's GlobalVision ETS
  • Growth in iron ore trading - new brokers and record trade through SGX STP link
  • Hosted clearing Link available at Singapore Exchange

2011: Joule - the next generation energy trading screen

  • Launches JOULE - the next generation energy trading screen
  • Wins 'Software House of the Year; from Energy Risk Magazine
  • Singapore office established for Asia-Pacific region
  • Trayport launches its pre-trade risk management system EMA Gateway

2010: Barbados, Jakarta, Automated Trading

  • Trayport launches Automated Trading Engine to help traders manage orders and strategies.
  • Barbados Stock Exchange and Jakarta Futures Exchange go live with Trayport's Exchange Trading System, and Green Exchange is available through Trading Gateway.
  • STP clearing links established with LCH and Clearport.
  • GFI launches 'Join the Trade' (JTT), trading windows in gas and freight markets

2009: Trading Gateway Expansions

  • Trayport signs up 100th Trading Gateway client—the TGW offers traders seamless, aggregated access to 18 brokers and 7 exchanges active in European gas, power, emissions, coal and freight markets
  • Trayport's client number increases to 120 and User count exceeds 13,000.GreenMarket (Bayersiche Börse's Carbon Exchange) and Sibiu Monetary Financial and Commodities Exchange (SIBEX) go live with Trayport's Exchange Trading System

2008: Aquired by GFI Group Inc

  • 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: 10,000+ Users, Southern Hemisphere

  • 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: New York, New York

  • 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: 7000+ Users

  • Number of Trayport users tops 7,000.
  • Trayport moves into Fixed Income market with Canadian Government Bonds.
  • Trayport opens Hong Kong 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: Expansions, Exchange clients

  • 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: GlobalVision version 8

  • 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: Rapid growth

  • 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: Global improvements

  • 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: GlobalVision's popularity broadens

  • 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: Extending capabilities and automation

  • 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: Internet Trading

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

1997: GlobalVision launches

  • 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: Calculations and Innovations

  • 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: Improving Capabilities

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

1994: Software Expansions

  • 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: Trayport is founded.

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