Nord Pool launches Translator to Trayport’s GlobalVision Trading Gateway

Lysaker - 28 August 2007

Nord Pool ASA has developed new access for its members to products listed on the Nordic Power Exchange. From September 3rd 2007 Nord Pool’s Power and Emissions contracts can be traded through Trayport’s GlobalVision Trading Gateway platform.

Nord Pool will release the NP Translator, an interface between the Nord Pool Power Click and Trayport’s GlobalVision Trading Gateway, to members upon request. All futures and forwards contracts with the NP Translator can then be accessed via Trayport’s GlobalVision Trading Gateway platform.

Torger Lien, CEO of Nord Pool ASA, said, “We have seen an increase in our electronic trading and are pleased to introduce the Trayport interface, facilitating an additional electronic trading platform for existing and new members. As the leading exchange of European Power and Carbon, Nord Pool requires an open architecture with easy access to prices and trading. Nord Pool contracts can now be traded via several front end systems, including Power Click, Trayport’s GlobalVision Trading Gateway and other banking systems”.

Elliott Piggott, Commercial Director of Trayport said, “Trayport’s GlobalVision has become the platform of choice for the energy trading community. In addition to the 50 markets it already provides, trading on Nord Pool is important to our customers. Nord Pool’s development of the NP Translator is in direct recognition of this and will enable access to Nord Pool’s markets in a more streamlined and efficient way.”

Trading of Nordic Power contracts and emissions contracts at Nord Pool is accessible by becoming a Nord Pool direct member or by order routing as a client of a Nord Pool Member and Client Representative.

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