Trayport Launches Global Vision 8.3
January 24, 2005

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The latest release delivers an easy-to-use front-end with a sophisticated rules-based matching engine.

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Trayport, a supplier of electronic trading systems, has launched key new functionality for its flagship trading platform Global Vision. The enhancements, collectively available through release version 8.3 build on the platform’s core features for user customisation and control, including improved spread functionality and screen customisability. The European Energy Derivatives Exchange N.V. (Endex) is one of the early adopters of the platform.

Key new features in GV8.3 include:

- Linking with Excel. Developed in direct response to market requirements, this feature enables traders to submit a large number of prices to the market collectively. Supporting links to and from Excel, this new feature helps traders to efficiently use their own spreadsheets for speed of data entry (e.g. morning runs and mass updates), as well as execution and analysis of trading strategies.

- Improved spread functionality. Traders and brokers can now take advantage of improved spread-trading functionality, supporting implied prices, taking into account counterparty credit rules and breaking spreads so they can be correctly booked.

- New order parameters. Now the trader can take advantage of default or customised expiries for orders. Prices can be linked and treated as One-Cancels-Other (OCO) such that, if one price is dealt, the rest are withheld, mitigating any operational risks incurred through linked prices.

- Improved customisability. Traders and brokers can now customise their own view of the market by using a wizard feature to create their own front-end layout. Additionally, a new server management tool empowers the administrator to create, modify and expand their own instrument set to cope with multi-asset class requirements without interaction with the vendor.

Edmund Hor, Trayport’s Managing Director said, “Global Vision 8.3 shows our commitment to software development and our responsiveness to our customers, serving their needs across different asset classes.