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What’s hotter than a summer heat wave?

Newsletter July 2018: VisoTech User Forum 2018, we're hiring, algo-trading hits the gas market & more

VisoTech User Forum November 7: Book now

With the summer heat wave in full swing, we’re already looking forward to our next big event, the annual VisoTech User Forum in Vienna. It will, as always, be a hot opportunity to learn the latest in automated energy trading and to network with peers. Due to popular demand, on the following day we plan a repeat of the hands-on Algo-Coding Workshop we held in June.

As the feedback from our June event shows, the participants clearly appreciated the event. When asked what they liked the most, most respondents mentioned open exchange, networking and the hands-on aspect.

PARTICIPANT FEEDBACK
ALGO-TRADING INNOVATION HUB 2018

AIH satisfaction donut charts

These events are popular and will fill up fast. Find out what previous participants have to say about our events, take a look at last year’s User Forum and, most importantly, register now to secure your seat.

 

 

Interest in automated gas trading heats up

With the announcement that we are listed as an ISV on PEGAS, the interest in algorithmic trading of natural gas has skyrocketed. We look forward to seeing this market segment grow.

“VisoTech is (…) the first supplier to offer fully automated algo-trading of natural gas, according to [PEGAS] platform operator Powernext.” – energate messenger+

“The complexity of balancing supply and demand of natural gas is high, and the usage of such algorithms increases liquidity of our markets and thus the efficiency of the short-term allocation of natural gas.” – Jan Richter, head of regulation and communications at Powernext in Montel News

 

Successful XBID roll-out

The XBID launch on June 12-13 was a massive project to enable cross-border intraday trading, involving simultaneous launches in 12 countries. For us it was by far our biggest update, and thanks to our hardworking team our customers were soon up and running on the new system. The markets recovered quickly after a sharp drop in liquidity in the morning, and the first cross-border trade occurred within hours. Congratulations to everyone who made it happen!

 

More new customers

The demand for automated energy trading continues to grow. First of all we welcome Ompex, a leading Swiss energy trading house with customers throughout central Europe; they selected the autoTRADER and have already begun trading. Our first TSO customer, located in the CSEE region, has already gone live with the autoTRADER. And a major Austrian public utility will upgrade their existing Periotheus Suite to include autoTRADER functionality.

 

We’re growing – and hiring

In order to keep up with the demand for automated spot trading, our team continues to grow. Onofrio Belviso joins us as Sales Manager, and will help us reach all of the interested prospects out there. Our ETRM development team has been expanded with Bernhard Miller, and Andreas Müller comes on board as Project Manager to keep the busy Solutions team flowing.

MA

 

New employees, July, 2018, from left to right: Onofrio Belviso (Sales), Andreas Müller (Project Management), Bernhard Miller (Development)

We are still looking for an additional sales manager with at least one year experience in algo-trading, as well as an additional software engineer to accelerate the development of our innovative solutions. Our Solutions team is also looking for another Business Analyst / Requirements Engineer.

 

Montel Nordic Energy Days

After successful Montel Energy Days events in Helsinki and Stockholm, we look forward to Nordic Energy Days in Oslo August 22-23. VisoTech data scientist Larisa Chizhova will give a talk on an interesting use of artificial intelligence in energy trading.

 

The VisoTech team wishes you a beautiful summer with warm, sunny days, and many chances to cool off and relax. Happy summer!

summer duck


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Automated intraday trading on EPEX SPOT, Nord Pool, PEGAS and more

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Algo-Trading Innovation Hub
Frankfurt / Main, June 5-6th, 2019
Book now
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