London – UK, 24 Aug 2020 Igloo Trading Solutions, a leading provider of smarter ETRM solutions for the European energy markets, announced today that it had successfully partnered with Yuso the Belgium based aggregator in renewable energy markets and Romande Energie one of Switzerland’s leading utilities to deliver a cloud-based Swiss intraday power trading platform. Yuso and Romande Energie identified a need to increase the liquidity and to simplify the trading process for of Swiss intraday power. By acting as a liquidity provider, Yuso provides Swiss market participants access to a convenient executable trading screen for intraday power. Igloo leveraged its existing execution platform technology to connect with the single EU cross-zonal intraday electricity market (SIDC) and Intraday Capacity Services (ICS) to develop a unique solution that provides Swiss market participants a single view of the Swiss intraday market. The solution integrates with Yuso’s and Romande Energie’s internal systems to allow for ‘Straight-Through-Processing’ (STP) . Romande Energie portfolio managers are now able to see quotes and click and trade on Swiss intraday power with automated deal capture, trade confirmation, nomination and settlement through Yuso’s existing services. The solution offers full trade status throughout the execution process, controls around partial fills… continue reading
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Source: CTRM Center