Trayport Limited, a leading provider of multi-asset-class electronic trading solutions, today announced that ehw (Energy Handelsgesellschaft mbH West) has signed a three year contract to use GlobalVision Trading GatewaySM for electronic commodities trading. ehw, based in Münster, partners many public utilities companies and business customers in Germany and sources gas and wholesale electricity for domestic markets.
GlobalVision Trading Gateway provides vital functionality needed by traders, including access to full market depth and increased visibility and accessibility. It enables traders to view and trade market data from multiple liquidity pools on a single user interface. The software also simplifies and improves efficiency in key trading processes, such as STP into a core, flexible system.
“ehw is successful at combining energy purchasing with offering innovative products and services across Europe’s liberalized energy markets,“ says Martin Wurm, Head of Portfolio Management at ehw.
“Trading Gateway increases our visibility of trading opportunities by allowing us to view multiple gas, emissions and power markets across Europe on a single screen, and to easily close transactions at the best prices. We are also able to connect Trading Gateway to our charting systems, which reduces our operational and financial risks.”
“We are seeing more companies like ehw, who use Trading Gateway to actively trade energy on behalf on their clients and ensure the physical supply of electricity and gas products while ensuring flexible scheduled delivery,” said James Davies, Head of Sales and Client Services, Trayport. ”For ehw, the ability to use Trading Gateway to pool its buying potential is paramount, and it can then obtain better prices and pass these on to its municipal partners.”