GFI Group, New York–headquartered provider of wholesale brokerage services, clearing services, electronic execution and trading support products for global financial markets, has rolled out a number of north-east gas basis products. The products have been unveiled on the company’s electronic trading platform for energy and commodities in North America EnergyMatch.
The new products will be offered to gas basis traders and North-east power traders, allowing them to trade North-east gas basis markets alongside EnergyMatch’s electronic power markets on one screen. Liquidity from desks at GFI and its subsidiary Amerex as well as dedicated screen market makers are combined by Energymatch. The platform offers one liquidity pool displaying firm and tradable prices with the ability to clear at any venue of the end-user’s choosing.
Click here for the release from GFI Group.