Trayport, a leading provider of energy trading solutions to traders, brokers and exchanges worldwide today announced that PGNiG Sales & Trading GmbH (PST) are now using GlobalVison Trading Gateway for energy trading.
Trayport GlobalVision Trading Gateway is an industry-proven electronic trading platform that allows traders to access multiple liquidity pools and trade across these pools from a single user interface. The system will provide PST Trading teams with a central system to view, enter, modify, and execute deals in increasingly global and complex energy markets.
Uwe Bode, Head of Trading at PST, said “We wanted a consolidated view of market activity providing our traders with up to date market information. Trayport’s Trading Gateway will allow us to find the best price quickly, capture market opportunities and trade prices more rapidly. This is vital in order to remain competitive.”
Combie Cryan, Head of Client Services at Trayport, said, "A significant number of market participants already benefit from using Trayport’s trading solutions. The addition of PGNiG demonstrates our commitment to continue to deliver the best solutions for the growing Central and Eastern European market.” He added “We are pleased that trading firms continue to recognise the value of Trayport’s Trading Gateway. It provides vital information and functionality needed by traders and also simplifies and improves efficiencies in key trading processes.”
PGNiG Sales & Trading GmbH in Germany is a subsidiary of PGNiG SA, the biggest company for oil and natural gas in Poland. The PGNiG Group is the leader of the Polish natural gas market, as well as the only vertically integrated gas company in Poland. It operates in all natural gas segments in Poland - trade, distribution, oil and gas exploration and production as well as gas storage and processing.