London, 23 July 2012 Trayport, a leading provider of energy trading solutions to traders, brokers and exchanges worldwide today announced that MVM Partner Zrt are now using GlobalVision Trading Gateway for power trading in Central and Eastern Europe (CEE).
Trayport’s GlobalVision Trading Gateway is an industry-proven electronic trading platform that allows traders to access multiple liquidity pools and trade across these pools from a single user interface. Trading Gateway will provide MVM Partner with a central system to manage and execute deals in increasingly global and complex energy markets.
Andras Hazlach, Director of Proprietary Trading at MVM, said “We want to ensure our traders can view and execute the best prices quickly across multiple CEE energy markets. We trade with local and foreign energy traders and chose Trayport as the market leading supplier of energy trading systems.’ He added ‘We wanted the simplicity and efficiency of having access to wholesale brokers or exchanges on a single screen. In order to remain competitive you need to find the best price quickly, capture market opportunities and trade prices more rapidly. This is what Trading Gateway enables.”
Combie Cryan, Head of Client Services at Trayport, said, "I am delighted that MVM have chosen Trayport to grow their CEE operations. Many participants are seeing us as the obvious choice given our already established and growing network of electronic markets in the CEE region. We look forward to working with MVM to help them further grow CEE markets.”
MVM Group is the leading national power group in Hungary. MVM Partner Zrt is the key integrated player of domestic electricity market in Hungary and it is also active in the electricity industry of the wider region.
- Ends -