CEO: Electronic Trading Growing But Voice Brokers Have Role Too

摘要

The growth of electronic trading and the interrelatedness of different markets have fostered the need for speed in the trading world, boosting traders’ needs of sophisticated software to execute trades across a variety of markets in a quick and efficient manner. “The net effect [of the integration of electronic markets] is a connected network of commodity traders worldwide where operational risk can be reduced and market transparency is improved,” said Elliott Piggott, chief executive of Trayport, in an interview with Oil Daily. Trayport writes and licenses software to commodity traders, exchanges and wholesale brokers.