Bergen and London, 03 April 2006 - Fish Pool AS, the first international marketplace for the trading of financial salmon contracts, today announced that it has selected Trayport GlobalVision to power this entirely new market.
The marketplace will officially open on 27 April 2006 and has been created to facilitate the transaction of financial salmon contracts for farmers and purchasers of salmon. The contracts to be offered by Fish Pool are completely new tools for the salmon industry and will aim to bring more stability to the prices of salmon.
âFish Pool selected Trayport based on their position as the leading provider of electronic commodity trading systems in Europe,â said Fish Pool Managing Director SÃ¸ren Martens. âTrayport GlobalVision software is installed by leading brokers and trading houses and has more than 80% market share for all electronically traded commodities in Europe. Being able to offer such a well accepted system is an important advantage in creating sufficient liquidity in the marketplace,â he further explained.
âSupporting a totally new market has again proven that Trayport is the number one choice for emerging OTC markets. We are excited to welcome Fish Pool as a client and look forward to supporting their growth in the marketplace,â said Edmund Hor, Managing Director at Trayport.