Trayport Limited, a leading provider of multi-asset class electronic trading
solutions, today announced that Sibiu Monetary Financial and Commodities Exchange (SIBEX) has
signed an initial 5 year agreement for Trayport’s GlobalVision Exchange Trading System
GlobalVision, which will go into production with SIBEX in the first quarter of 2009, is to replace the
current trading system which was developed in-house. In addition, SIBEX will implement interfaces
between GlobalVision and its clearing and risk management systems.
“Key factors for us are the flexibility and proven performance that GlobalVision delivers. Through this,
we will be able to facilitate business growth and expansion into new asset classes while supporting
our existing clients and markets. The constraints that we were facing with our existing platform will
now be lifted,” said Darius Cipariu, Deputy Managing Director of SIBEX.
Paul Constantinou, Sales Manager – Exchange Systems at Trayport, said, “We are extremely
pleased to announce this exciting new relationship. This contract reflects the inherent flexibility of
GlobalVision which will enable SIBEX to evolve and innovate as its business and markets develop.”