Contigo ETRM Now Supports Day-Ahead and Intraday Trading on EPEX SPOT

News Wire

Europe-wide ETRM specialist, Contigo, has launched a new interface for its award-winning enTrader software, becoming an independent software vendor (ISV) for all EPEX SPOT European markets on the day ahead auction market. The newly launched interface enables straight-through processing of trade capture for the day ahead auction market.

This new capability means that enTrader now supports automatic trade capture for both the auction and the intraday continuous market through EPEX SPOT, with the latter delivered via the enTrader interface with Trayport.

The enTrader software now has a direct interface with the EPEX SPOT auction trading system, meaning that enTrader customers can retrieve information from the system and see their position on a real-time basis. Contigo software is configured out of the box for fast and simple implementation.

The enTrader access to the continuous intraday trading market on EPEX SPOT supports all EPEX SPOT markets. It allows customers to take advantage of EPEX SPOT’s latest developments in the intraday market, such as the recent introduction of 30 minute continuous trading in France, Germany and Switzerland.

Contigo’s managing director, Adrian Bullock commented: “The ability to operate in the short-term energy market is crucial in today’s energy sector. Our market-leading intraday trading capabilities have meant we are growing our customer base significantly. This new day-ahead auction functionality with EPEX SPOT will bring further flexibility and opportunities for clients.”