Grupo CIMD Chooses Trayport Platform for OTC Hybrid Trading
Spanish energy broker CIMD has added to its existing voice operations with the launch of Trayport’s hybrid electronic trading platform. Trading in the Iberian energy market has shown an increase during the first half of 2005. The underlying strength of the Spanish market has been boosted by factors such as the continued development of the adjacent French markets and the rise in sophistication of the trading infrastructure of pan-European energy traders. Trayport’s GlobalVision Broker Trading System enables Grupo CIMD to take advantage of the increased interest in this market by streamlining access to prices, providing a vehicle for quickly moving in and out of positions, and offering an interface that integrates into price makers’ trading engines.