Tag: Switzerland

IPS-Ingredis selects DycoTrade…

After a thorough selection process, DycoTrade is proud to announce that IPS Ingredis has chosen DycoTrade as business application for the future. IPS-Ingredis holds office in Switzerland, with a most important trading branche in Dubai. “The broad selection of markets that IPS serves is great for DycoTrade. These markets are well known to us, so we are confident that DycoTrade will provide a fine solution”, Arie Willem van der Plas says. “Still”, Arie Willem continues, “IPS was very serious and thorough in their approach for selection, a process where Price Waterhouse Coopers was involved”. All parties evaluated the proposition and contract was finalized recently. The international aspects and the glooming Dubai implementation are great... continue reading

Commodity Markets – A Headhunter’s View

ComTechAdvisory: Given all of the turmoil in commodity markets this last year or so, how has the job market been impacted? James Richmond: The markets have been slow in the past year in the prime locations (London and Geneva in particular). There has been a lot of divestment in the oil majors and energy utilities as well as in the more asset based areas of the multi-commodity traders. I have noticed a lot of growth in the outsourcing market. Whilst the UK and Switzerland has been quieter than usual, most firms tend to hire more globally dispersed teams, which comes... continue reading

Powel signs re-sellers agreement with KISTERS

Press release – for immediate release 3 November 2017 The agreement allows KISTERS to resell Powel’s Algo Trader solution in their market, securing their position and creating new business opportunities for both parties. It is part of Powel’s strategy and further strengthens our position as a trusted international supplier of energy production and trading solutions. Powel and KISTERS are both software developing companies active in the European energy market. KISTERS decided not to develop its own algorithmic trading solution, instead selecting Powel’s Algo Trader to complete this area of their product portfolio and allowing for a quicker time to market.... continue reading

Electricity market data on smartphones and tablets

Now also for Android: ProCom app provides intraday electricity market data Aachen (Germany), September 22, 2017 – The ITA mobile app from ProCom is for everyone who wants to keep a constant eye on the intraday electricity market from their smartphone or tablet. The app provides an overview of prices and price trends for products traded on EPEX SPOT, including trade volumes for the market segments Germany, Austria, Switzerland, France, Belgium and the Netherlands. The ITA mobile app presents trading activities in chronological order and shows order books, market depth, and price trends of individual contracts. Users can also view... continue reading

HANSEN TECHNOLOGIES LIMITED (ASX:HSN) BUYS SCANDINAVIAN ENERGY BILLING SOFTWARE VENDOR ENORO FROM OSLO, NORWAY-BASED PRIVATE EQUITY FUND HERKULES III

Specialist global energy billing software M&A advisor Presser & Co act as buyside advisor to Hansen Technologies (ASX:HSN) on their purchase of Scandinavian energy billing, meter data management and energy analytics firm Enoro AS from Herkules III The business services team of Presser & Co, led by founder and managing director Trevor Presser has advised Hansen Technologies Limited (Hansen) on its purchase of Enoro Holding AS (Enoro) from Norwegian technology fund, Herkules III. Presser & Co acted as the non-exclusive buy-side advisor to Hansen. Andrew Hansen, CEO said “Enoro is the perfect strategic fit for Hansen. It occupies a dominant... continue reading

Open Mineral Digitizes Physical Commodity Trading

Newly launched cloud-based marketplace will connect buyers and sellers to trade physical commodities directly, efficiently and transparently BAAR, Switzerland, July 5, 2017 /PRNewswire/ — Open Mineral, a new platform that connects buyers and sellers of physical commodities, launched today with the aim of revolutionizing the trading of commodities by providing an intuitive interface to tender, negotiate, and execute contracts. With powerful analytical tools, Open Mineral streamlines contract negotiations and execution to increase efficiency and profitability for the participants. The Swiss-based start-up, founded by former Glencore traders, strives to disrupt the decades-old model for trading physical commodities through use of technology... continue reading

SOPTIM AG’s solution facilitates coordination of European transmission system operators

Aachen, 21.06.2017. Amprion GmbH and Swissgrid have commissioned SOPTIM to implement the ENTSO-E Verification Platform. In the future, continental European transmission system operators (TSOs) will coordinate cross-border electricity flow using this platform. The Verification Platform process is set to replace the previous coordination process in order to meet the requirements of a European energy market. In addition to gains in efficiency, SOPTIM’s solution provides a transparent view on of planned energy exchanges for all continental European (ENTSO-E Regional Group Continental Europe RG CE) TSOs. It ensures the provision of reliable data for grid planning and network calculations for the European... continue reading

CONTIGO ETRM NOW SUPPORTS DAY-AHEAD AND INTRADAY ON EPEX SPOT

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... continue reading

Mercuria warns of undue impact of derivatives on dated Brent oil price

By Amanda Cooper | LONDON Trading in the North Sea crude oil physical market has seen a boost from a growing number of participants, but trader Mercuria warned on Thursday that more financial players meant derivatives could have an unduly large impact on the setting of the dated Brent benchmark price. Dated Brent, which governs around two-thirds of the world’s oil trades, is set using prices of physical barrels of four streams of North Sea crude, Brent itself, Forties, Ekofisk and Oseberg (BFOE) and a series of derivative rates. Kurt Chapman, head of crude trading at Mercuria, a major player... continue reading

Agribusiness ADM to expand in Europe amid global shake up: company

By Jonathan Saul and Michael Hogan | LONDON/HAMBURG REUTERS LONDON/HAMBURG U.S. agribusiness Archer Daniels Midland Co (ADM.N) said on Thursday that its operations would expand overall in Europe this year, even as the company restructures parts of its global trading operation. The Chicago-based agribusiness had said on Tuesday that worsening market conditions were making it difficult to turn a profit trading grain internationally, leading to the biggest daily share loss in eight years. In the global shake up, ADM has revamped its Argentina operation and closed its South Africa trading desk. Trade sources told Reuters earlier on Thursday that the... continue reading

Axpo Trading AG selects ferdecTS® for their European Energy Transaction Surveillance

Berlin, April 5th, 2017 FERDEC GmbH, the leader in European Energy Transaction Surveillance solutions is pleased to announce that ferdecTS® has been selected by Axpo Trading AG to monitor its European trading activities in compliance with MAR requirements. Following a detailed, multi-stage selection process and an extensive proof of concept with testing under real operational conditions Axpo Trading AG selected ferdecTS® to monitor its group wide trading activities on European regulated, MTF and non-MTF markets. “FERDEC became a valued partner over the course of the selection period. They were able to prove their in-depth Energy and Trading knowledge combined with... continue reading

There Is A Bot For That

The rise of renewables and development of the smart grid is having an impact on European power trading. Intra-day power trading is on the rise in countries like Germany and the UK where signals can occur very quickly indeed and the volume and speed of information available to traders is almost overwhelming. EPEX, Nordpool and others now actively support intra-day trading across the Nordics, Germany, Switzerland, UK, and France. Just this month, EPEX Spot and ECC introduced 30-minute continuous trading of power spot contracts in the intraday markets in France, Germany and Switzerland. One impact of all os this has... continue reading

Catching Up With Cadran

A couple of weeks ago I caught up with Ed Pieters, CEO of Cadran Consultancy, to see how things were going. I discovered that Cadran has been very busy. Cadran offers a CTRM/CM solution on the JD Edwards platform and markets the product across a broad territory via the Redfaire International consortium (and other resellers), and this is both an intriguing model as well as one that is commonly utilized in the ERP space. Redfaire was founded by three original partners – Cadran (covering Benelux), Redfaire (covering UK, France and Ireland) and FSS (Covering Switzerland, Germany, Austria and Belarus). However,... continue reading

The CTRM Oscar Ceremony

The events from the Dolby Theatre the other day got me thinking about an Oscar ceremony for CTRM software vendors. I first heard the word Dolby when I was a teenager and bought my first ‘tape deck and amp’. It had Dolby sound and a switch to select that mode. I could never see the point of not selecting it actually. It sounded a bit ‘tinny’ – I should have had my digital storage oscilloscope to hand to optimise my woofers. Still, Black Dog and Sweet Child in Time sounded OK, so I should care. So how would this work?... continue reading

Powel delivers solutions to maximize hydropower asset profits and efficiently handle complex power logistics to AET

Successful on-time and on-budget implementation provides AET full value with short-, mid-, and long term hydropower production optimisation and power logistics. After being awarded the contracts for both solutions in 2015, at the end of last year, Powel successfully migrated AET from its former scheduling and market communication ET3000 platform to DeltaXE. In addition, the Smart Generation software suite, used for controlling inputs for production planning and triggering optimisation, was implemented. AET is now ready to apply Powel software solutions in their daily business-critical processes, both for production planning and trading. Through full control of working processes and a high... continue reading

A Single European Market With A Single ETRM Solution?

I often have to field the question regarding ETRM software for European power and related commodities. What is the best commercial solution? The answer isn’t easy. European power markets have developed over time primarily as regional markets within countries or areas like the Nordics. As each market evolved and grew, the infrastructure and business processes also evolved echoing the local regulatory environment, type of generation assets, local supply/demand picture, and so on. Local exchanges created their own instruments, local RTOs and infrastructure bodies created their own systems with their own data formats and processing rules. In short, Europe was and... continue reading