Vienna, July 31, 2018 – VisoTech has now become a Trayport Certified Software Provider (CSP). The Trayport CSP program is designed to enable 3rd party suppliers connecting to the Trayport system to better support mutual clients. Users trading on PEGAS via Trayport Joule Direct can for the first time take advantage of algo-trading as a standard solution with the Periotheus autoTRADER, offering both OTC and exchange-based algo-trading of power and gas.
Traders can now concentrate on the evaluation, selection and customisation of strategies, and can leave the routine work of selecting and executing trades to algorithms designed specifically for power or gas trading. The combination of OTC (over-the-counter) and exchange deals gives companies access to the greatest possible liquidity and allows them to maximise profit in any market situation.
“Up to now algo-trading in the energy industry has concentrated on exchanged-based trade”, observed Jürgen Mayerhofer, Managing Director of VisoTech. “Yet roughly three-quarters of European power and gas trading takes place over the counter. Without automating OTC trades, companies are leaving money on the table! We can offer our customers far more options and greater liquidity, and they can apply the competitive advantages of automation to a far greater portion of their trading volume.”
For more information on Trayport, please see www.trayport.com.
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