The interface will allow market participants to operate on all MIBEL Derivatives Market products using either a Trayport or OMIP screen. OMIP GV Translator supports vital functionalities needed by traders including full market depth and increased visibility and accessibility. Installation and configuration procedures are intended to be quick and simple via friendly graphical interfaces, facilitating efficient trading for members.
âUsing Trayportâs GlobalVision Trading Gateway confirms OMIPâs commitment to continuously enhancing access to the MIBEL Derivatives Market, as well as improving its operational and technical conditionsâ, says Jorge SimÃ£o, OMIP Board Member. âWe have recently introduced a broad set of new rules, products and systems enhancements, which make trading on OMIP increasingly faster, simpler and more attractive for market participants.â
Elliott Piggott, Deputy Managing Director at Trayport said, âThe energy trading community is continually looking for better ways to gain access to both new and existing marketplaces. Weâre seeing an increasing uptake of trading in the Iberian region and continued interest in Trading Gateway as the tool to access energy markets. OMIP is responding directly to the needs of its customers with their Translator, which will streamline the processes and mechanics for efficient trading.â