GlobalVision Internal Marketplace will help Enel optimise their trading activity by centralising internal order flows for Enel Groupâs companies before routing orders to the appropriate desks for execution in the wholesale markets.
Enel will use Internal Marketplace to trade internally amongst Enel Trade S.p.A. and Enel Group operative companies including Endesa S.A. - the Spanish utility purchased by Enel in 2009. Endesa S.A. is also a Trayport client using its GlobalVision Trading Gateway technology.
âBy selecting Trayportâs Internal Marketplace, Enel Trade will be able to reduce operative risks and costs, to maximize netting opportunities and to simplify tradersâ execution,â said Leonardo Zannella, Head of Trading, Enel Trade S.p.A. âAt the same time, our internal counterparties will be provided with real time and transparent access to all energy markets through a quick and easy execution platform.â
Enel produces, distributes and sells electricity and gas all over Europe, North America and Latin America. After acquiring Endesa, Enel is now operating in over 40 countries. Enel is also one of the most active players on all the European Gas and Power markets and on the main international energy markets. Enel trades energy products via Trading Gateway.
âInternal Marketplace gives organisations like Enel the ability to improve internal order flows between trading desks, portfolio managers, sales and other departments and even subsidiariesâ said Richard Everett, Product Manager, Trayport. âIt also allows Enel to concentrate internal liquidity and optimise trading opportunities before going to the external market.â