Enel Taps Trayport’s Internal Marketplace
The energy trading arm of Italian energy firm Enel Group has turned to Trayport to optimize its internal order flow prior to sending it to the wholesale power market.
Enel traders will use GlobalVision Internal Marketplace to trade among its other group companies, such as Endesa SA, and other firms using Trayport's GlobalVision Trading Gateway technology, according to vendor officials.
"By selecting Trayport's Internal Marketplace, Enel Trade will be able to reduce operating risks and costs, to maximize netting opportunities and to simplify traders' execution," says Leonardo Zannella, head of trading at Enel Trade S.p.A. "At the same time, our internal counterparties will have real-time and transparent access to all energy markets through a quick and easy execution platform."
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
For MarketAxess, portfolio trading buoys flat revenue in Q3
The vendor is betting on new platforms like X-Pro and Adaptive Auto-X, which helped forge a record quarter for platform usage.
Quants look to language models to predict market impact
Oxford-Man Institute says LLM-type engine that ‘reads’ order-book messages could help improve execution
JP Morgan pulls plug on deep learning model for FX algos
The bank has turned to less complex models that are easier to explain to clients.
Nasdaq says SaaS business now makes up 37% of revenues
The exchange operator’s Q3 earnings bring the Adenza and Verafin acquisitions center stage.
Harnessing generative AI to address security settlement challenges
A new paper from IBM researchers explores settlement challenges and looks at how generative AI can, among other things, identify the underlying cause of an issue and rectify the errors.
The causal AI wave could be the next to hit
As LLMs and generative AI grab headlines, another AI subset is gaining ground—and it might solve what generative AI can’t.
Waters Wrap: Operational efficiency and managed services—a stronger connection
As cloud, AI, open-source, APIs and other technologies evolve, Anthony says the choice to buy or build is rapidly evolving for chief operating officers, too.
BlackRock forecasts return to fixed income amid efforts to electronify market
The world's largest asset manager expects bond markets to make headway once rates settle.