New CTRM Deals Announced

It is an unusual summer and it is 2020… so perhaps we shouldn’t be surprised at the continuing swathe of new deal announcements? While I was away, Amphora made a big announcement regarding the signing of China Zhenhua Oil, one of the largest crude oil importers in China. According to the announcement, China Zhenhua Oil made the selection of Amphora’s Symphony solution after a thorough and long selection process being selected as a result of its ability “to demonstrate extensive commodity trading and risk management expertise together with a detailed knowledge of the crude oil and refined products trading industry. Amphora demonstrated the aptitude to address China Zhenhua Oil requirements and become a trusted partner.” Today, Igloo announced an interesting project in which it 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… continue reading

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