Synergies for automated short-term trading in the energy market Berlin / Vienna, April 4, 2019 – PSI Energy Markets GmbH and VisoTech Softwareentwicklungsges.m.b.H. have entered into a strategic partnership in the field of algo-trading systems. With the autoTRADER from VisoTech integrated into the energy trading system PSImarket, PSI and VisoTech customers can now possess a powerful and comprehensive solution for automated energy trading, portfolio and risk management. With the autoTRADER, VisoTech offers the leading tool for fully automated energy trading in the volatile spot markets. A wide range of relevant intraday markets are supported, amongst others EPEX SPOT, Nord Pool and BSP SouthPool, and with PEGAS, also a marketplace for spot trading of gas. “With the connection of PSImarket and the autoTRADER, our customers have an integrated, powerful and configurable solution that also allows for the definition of their own trading algorithms,” explained PSI Energy Markets Managing Director Michael Haischer. With the integration, customers benefit from numerous synergy effects, especially through a fast and cost-efficient implementation and integration of the solution. In addition, the many years of experience of the two companies mean that further developments can be carried out quickly and efficiently and international market launches can be accelerated.… continue reading
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Source: CTRM Center