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Trayport's BTS selected for Turkish power market

First Published 26th November 2015

Power Solutions choose Trayport's Broker Trading System for Turkish power market.

Paul Constantinou, Trayport

Paul Constantinou, Trayport

"Power Solutions are an important addition to our network and we look forward to continuing to support the growth of energy trading markets worldwide."

London - Trayport, a provider of energy trading solutions to traders, inter-dealer brokers and exchanges, has announced that Power Solutions Enerji Ticaret ve Danışmanlık Anonim Şirketi have chosen Trayport's GlobalVision Broker Trading System (BTS) for trading in the Turkish power market.

Power Solutions, founded in Turkey in 2015, provides OTC Brokerage services in the Turkish electricity market.

Trayport's BTS has proven itself to be the preferred hybrid e-broking system in energy markets.

Gamze Fatma Özkan, Partner at Power Solutions said, "Trayport was the clear choice given the fact that its Broker Trading System is already the market leading platform across Europe. Trayport has an established network of clients who trade multiple asset classes and the combination of this with industry proven technology will ensure that we are well positioned for any growth in Turkish power trading. Being the first Turkish broker to adopt Trayport will bring many advantages both for Power Solutions and the Turkish market. We believe that working with Trayport will help us bring a new perspective to the Turkish market and support the objective of providing the market with aggregated trading screens. In terms of the future, choosing Trayport is an important step for us to make as we look towards the European market." Gamze added, "In addition we will be using this system through a Software as a Service (SaaS) model which will bring many benefits including a reduction in administration and deployment effort."

Paul Constantinou, Regional Sales Manager at Trayport, said "We are pleased that Power Solutions has chosen Trayport as its broker trading solutions partner. Power Solutions recognised our commitment to supporting their current and future business needs and we are confident our solution will support the goal of enhancing trading liquidity and enable the market to benefit from our aggregated trading platform. Power Solutions are an important addition to our network and we look forward to continuing to support the growth of energy trading markets worldwide."

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