London, 13, October 2014 Trayport, a leading provider of energy trading solutions to traders, brokers and exchanges worldwide, today announced that Links Commodities are now using Trayport’s GlobalVision Broker Trading SystemSM (BTS) for the FOB Dutch Mill NOFOTA rapeseed oil paper contract and to aid some physical trading.
Links Commodities, a newly formed commodity brokerage, was founded and launched in January 2014. Links Commodities recently joined Forte Securities to benefit from their expertise in brokerage and trading in their London premises in order to carry out their vision for increasing efficiency and providing added value solutions to their clients.
Trayport’s BTS has proven itself to be the preferred hybrid e-broking system in energy markets. The Trayport BTS offers brokers access to a growing network of traders using Trayport’s trading technology. As an award-winning, multi-asset class electronic trading platform with a sophisticated matching engine and customisable front-end, the BTS is designed to enhance broker voice operations and facilitate an electronic hybrid brokerage model for OTC markets.
In order to provide further operational efficiencies, Links Commodities is using Trayport’s Software as a Service (SaaS) hosted BTS product. This gives them the full flexibility & functionality of the BTS product while allowing Trayport to fully support & manage the back end of the system. This significantly reduces the administration overhead for the broker.
James Gaunt, Managing Director of Links Commodities said, “When we were looking to enter into the European rapeseed oil market, it was essential for us to use a leading market provider offering a solid trading platform and having the capabilities to customise evolutive and flexible market tools. We were able to benefit from the flexibility and adaptability of Trayport, who provided the opportunity for clients to buy-in to the concept prior to launch.”
He added “Trayport is established and recognised as being a market leader with a well-integrated trading solution for many of our clients; providing them security, transparency and efficiency for their market operations and orders executions. It was important that we chose a vendor that is not only market leading but also has the capability and flexibility to adapt with the needs of our business in the future.”
Paul Constantinou, Head of Sales at Trayport, said “We are pleased that Links Commodities chose Trayport to underpin their trading operations. It is encouraging to see that our Broker Trading System continues to be the system of choice for brokers. We look forward to working with Links Commodities to help grow energy trading markets worldwide.”