Trading Technologies Joins European Intraday Power Markets with EPEX SPOT Integration

Wednesday, 28/02/2024 | 14:20 GMT by Jared Kirui
  • This integration allows traders to engage in continuous intraday power trading across multiple European countries.
  • Trading Technologies provides cross-asset trading capabilities across global markets.
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Trading Technologies' logo

Trading Technologies International, Inc. has enhanced its platform by connecting to the European Power Exchange (EPEX SPOT). Through this integration, traders can access the European physical power markets via the firm's trading platform.

Based in Paris, EPEX SPOT, a subsidiary of the European Energy Exchange, encompasses power markets across several European countries. With the latest connection, Trading Technologies' clients can engage in intraday power trading facilitated by collaboration with a major European energy supplier.

EPEX SPOT Connectivity

According to the press release, the integration of EPEX SPOT by Trading Technologies allows traders to utilize the firm's algorithmic and automated trading tools to enhance risk management capabilities.

Trading Technologies' CEO, Keith Todd, mentioned: "We have long been a valued partner to global and regional energy suppliers managing their risks in the listed derivatives markets. The integration of EPEX's fast-growing intraday power markets into our platform takes that to a new level, enabling companies to participate in the European spot power markets."

EPEX SPOT is a liquidity platform for various market participants. It aims to provide competitive prices and facilitate short-term power transactions. On the other hand, Trading Technologies is a Software-as-a-Service provider in the global capital markets industry. It offers tools for trade execution, market data, analytics, and risk management.

Recently, Trading Technologies acquired ATEO SAS, a provider of post-trade solutions for listed derivatives. This step aims to boost Trading Technologies' clearing and middle-office technology capabilities, catering primarily to banks, brokers, and futures commission merchants.

Expanding Trading Technologies' Offerings

In addition to the recent acquisition of Abel Noser Solutions, LLC, which bolstered pre-trade and post-trade TCA services, Trading Technologies has ventured into new lines of business, such as TT Compliance and TT Quantitative Trading Solutions.

Additionally, the company aims to integrate liquidity from major banks and expand its product offerings to cover a wider range of financial instruments, including forwards, non-deliverable forwards, and swaps.

Besides that, Trading Technologies introduced a new business unit targeting the foreign exchange industry last year. Dubbed TT FX, this platform integrates liquidity from major financial institutions and offers forwards and swaps.

Trading Technologies International, Inc. has enhanced its platform by connecting to the European Power Exchange (EPEX SPOT). Through this integration, traders can access the European physical power markets via the firm's trading platform.

Based in Paris, EPEX SPOT, a subsidiary of the European Energy Exchange, encompasses power markets across several European countries. With the latest connection, Trading Technologies' clients can engage in intraday power trading facilitated by collaboration with a major European energy supplier.

EPEX SPOT Connectivity

According to the press release, the integration of EPEX SPOT by Trading Technologies allows traders to utilize the firm's algorithmic and automated trading tools to enhance risk management capabilities.

Trading Technologies' CEO, Keith Todd, mentioned: "We have long been a valued partner to global and regional energy suppliers managing their risks in the listed derivatives markets. The integration of EPEX's fast-growing intraday power markets into our platform takes that to a new level, enabling companies to participate in the European spot power markets."

EPEX SPOT is a liquidity platform for various market participants. It aims to provide competitive prices and facilitate short-term power transactions. On the other hand, Trading Technologies is a Software-as-a-Service provider in the global capital markets industry. It offers tools for trade execution, market data, analytics, and risk management.

Recently, Trading Technologies acquired ATEO SAS, a provider of post-trade solutions for listed derivatives. This step aims to boost Trading Technologies' clearing and middle-office technology capabilities, catering primarily to banks, brokers, and futures commission merchants.

Expanding Trading Technologies' Offerings

In addition to the recent acquisition of Abel Noser Solutions, LLC, which bolstered pre-trade and post-trade TCA services, Trading Technologies has ventured into new lines of business, such as TT Compliance and TT Quantitative Trading Solutions.

Additionally, the company aims to integrate liquidity from major banks and expand its product offerings to cover a wider range of financial instruments, including forwards, non-deliverable forwards, and swaps.

Besides that, Trading Technologies introduced a new business unit targeting the foreign exchange industry last year. Dubbed TT FX, this platform integrates liquidity from major financial institutions and offers forwards and swaps.

About the Author: Jared Kirui
Jared Kirui
  • 1511 Articles
  • 24 Followers
About the Author: Jared Kirui
Jared is an experienced financial journalist passionate about all things forex and CFDs.
  • 1511 Articles
  • 24 Followers

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