Trayport Limited, a provider of real-time, electronic trading applications, has launched its Implied Price Calculator (IPC), which uses real-time market information to generate live tradable implied prices in the market.
The IPC allows users to leverage their own equations and trade against them automatically. Currency conversions, spark spreads and clean spreads are all possible with the IPC.
“To ensure we remain ahead of the pack we targeted the IPC as a key execution tool for our expanding commodity trading business,” says Stephen Cornish, the Vice President of Capital Trading at Essent Energy Trading BV. “It provides a stable platform for our cross commodity arbitrage activity and ensures Essent is uniquely positioned to manage real time price exposure on its large formula structured product range. Trayport have developed a platform Essent can really use to keep its edge.”
“The energy trading desks at Essent have shown real insight in taking advantage of the new IPC capabilities,” adds Edmund Hor, the MD of Trayport Limited. “We are extremely pleased that they have chosen our GlobalVision platform as a tool for creating their own competitive advantage. We have no doubt that Essent will be very successful with Trading Gateway and the IPC.”