Trayport Limited, a leading provider of multi-asset-class electronic trading solutions, today said that Alpiq, an independent Swiss service provider in the field of energy generation, trading and sales, has chosen to use GlobalVision Trading GatewaySM to trade energy commodities. Trading Gateway is a trading platform that enables users to trade commodities on multiple liquidity pools on a single user interface. The agreement with Alpiq shows Trayport’s intent to help energy companies grow and access markets across Europe.
Alpiq Holding Ltd. is Switzerland’s leading energy trading company and largest energy provider with a European focus. The Group was formed at the beginning of 2009 through the merger of two energy pioneers, Atel Holding Ltd and Energie Ouest Suisse SA (EOS). Operating in 31 countries with subsidiaries present in 27 countries, it employs more than 10,000 people and generated consolidated revenue of approximately CHF 15 billion for 2009. Alpiq is engaged in power generation and transmission, energy sales and trading, and energy services.
James Davies, Head of Sales & Client Services at Trayport, said, “The agreement with Alpiq is an important one for Trayport. The company was previously using trading software from another supplier, but after Alpiq’s merger, they decided to upgrade to Trayport’s latest software, which brings with it improved functionality to assist its electronic trading operation. Trayport’s Trading Gateway will help Alpiq to trade the best prices across a wide range of European energy markets. It also allows Trayport to play a central role in bringing both the power markets and those who trade them closer together.”
"We are pleased to sign the agreement with Trayport to use GlobalVision Trading Gateway and look forward to a successful collaboration between the companies,” said Andreas Werz, spokesman from Alpiq.”