LONDON and NEW YORK, Feb. 14, 2011 /PRNewswire/ -- Trayport Limited, leading provider of multi-asset broker trading solutions, today announced that energy and environmental markets broker Evolution Markets has gone live using its GlobalVision Broker Trading System(SM) for trading European power. Evolution Markets has been a Trayport client since 2005 (http://trayport.com), using its Broker Trading System for European carbon trading.
Evolution Markets (http://new.evomarkets.com) is the world's highest volume environmental broker, having facilitated more than $75 billion in trades of environmental commodities in 10 years. Formed in 2000, the company has become a green markets leader, leveraging experience in the global carbon emissions, renewable energy, weather derivatives, and over the counter (OTC) coal, natural gas, nuclear fuel and biofuels markets. It will now use Trayport’s GlobalVision Broker Trading System to trade both physical and financial European power from its London operations.
“As we expand our European commodity brokerage into the Continental power markets, it was an easy decision to team with Trayport,” said Mark Dixon, COO of Evolution Markets. “Trayport is well integrated as a trading solution for many of our clients, and we can further leverage our use of Trayport‘s GlobalVision Broker Trading System for European carbon markets to facilitate cross-commodity trades and spreads. We look forward to working closely with Trayport as we continue to expand our services in European energy markets.”
"Trayport is proud that Evolution Markets has chosen us to provide the technology for its European power brokerage operations. The long term relationship we have had with the company is a sign that both Evolution and Trayport are building a strong community that are utilising technology to grow energy trading markets worldwide," said Steve Clark, Client Manager for Broker Trading Systems, Trayport.
SOURCE Trayport Limited