no 48/07 Nord Pool launches Translator to Trayport's GlobalVision Trading Gateway


Nord Pool ASA has developed new access for its members to products listed on the Nordic power exchange. From 3 September 2007, Nord Pool's power and emissions contracts can be traded through Trayport's GlobalVision Trading Gateway platform. 

Lysaker, 29 August 2007
The NP Translator will be an interface between the Nord Pool PowerClick and Trayport's GlobalVision Trading Gateway. Nord Pool will release the NP Translator on request to all members. All Nordic power and emission contracts can be accessed with the NP Translator 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 emissions, 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 PowerCLICK, 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.”

The solution can be accessed by both Nord Pool exchange members and through a client representative. 

About Trayport 
Trayport is a leading provider of real-time electronic trading software. Trayport is fully dedicated to providing multi-asset-class trading platforms to exchanges, brokers and traders. GlobalVision is a proven, reliable, mature solution that has been in operation and retained as a profitable tool for many years, and has been accepted by over 9,000 users world-wide. Founded in 1993, Trayport is privately held and has offices in London, New Jersey and Hong Kong. More information is available at www.trayport.com. 
  

http://www.nordpool.com/static/nordpool/archive/information/participant_information/Pdf/48-07trayport.pdf Exchange information no 48-2007   (PDF-format)  
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For further information, please contact Nord Pool ASA:  

Marianne W. Jenssen, senior vice president financial market, phone +47 6752 8076/+47 9013 6853, marianne.w.jenssen@nordpool.com 

Gunnhild Trengereid, business operations, phone +47 6752 8061, gunnhild.trengereid@nordpool.com