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June 2nd, 2008 - Trayport Limited has announced that Fluxys, the Belgian Transmission System Operator (TSO) has deployed its GlobalVision technology to allow real time trading of natural gas transit capacity on the secondary market.

Trayport Technology deployed by Fluxys to trade gas transit capacity

Dan Smith, Head of Broker Systems, Trayport: "Fluxys are leading the way in driving liquidity in the secondary market for natural gas transit."

The electronic trading platform, which required no customisation and drives increased liquidity in the secondary market for transit capacity, went live in April 2008. Trayport’s GlobalVision has fast become the system of choice for energy trading in Europe. Built with the core flexibility that allows the easy introduction of additional asset classes, GlobalVision can be used across any market type. Fluxys has initially launched short-term products including trading of day-ahead capacity.

“Today’s announcement shows that Fluxys are leading the way in driving liquidity in the secondary market for natural gas transit. They are the first Gas Transmission System Operator to provide its customers with a more cost-efficient and effective way to trade this market,” says Dan Smith, Head of Broker Systems, Trayport. “The introduction of GlobalVision adds value to Fluxys’s operations out of the box and provides the flexibility the company needs to launch this service for its customers.”

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