Volue PowerBot enhances its European position with integration to ETPA
Volue today announces that Volue PowerBot, a scalable execution platform designed for 24/7 trading on European short-term power markets, is now connected to the ETPA (Energy Trading Platform Amsterdam). The move consolidates Volue’s already strong trading proposition across Europe.
ETPA offers an accessible trading platform that enables asset owners and traders to optimise their energy portfolio through short-term trading. Participants range from international energy utilities to smaller energy traders and independent power producers.
Its fast, affordable, and reliable exchange allows participants to provide and exploit system flexibility; the cornerstone of a power system capable of hosting a high share of renewables.
Optimised for intraday continuous trading, Volue PowerBot can also be used in auction markets, providing a comprehensive solution for power traders. Equipped with high-performance, out-of-the-box trading algorithms fine-tuned through backtesting, Volue PowerBot also allows users to develop and deploy custom trading algorithms in the cloud.
Felipe Lanza, VP Trading Software, Volue, said: “This announcement further consolidates our energy trading position and perfectly illustrates our strategy to have full market coverage in European intraday markets for all customer use cases.
“ETPA is a unique exchange as it allows smaller players to access intraday continuous markets with a lower barrier to entry. Some features like fast API-first access, low entry frictions, and virtual cash settlement make it ideal for energy startups and proprietary trading firms, or anyone running systematic strategies.
“Volue PowerBot is well placed to support those using the exchange, given our algos are highly adaptable and configurable to virtually any market condition. What is more, those seeking to do so can even implement their own algorithmic strategies using our framework, all of which can be easily deployed and integrated into different applications in the customer’s software landscape.
“We thank ETPA for their support during the integration and look forward to bringing our scalable platform to a raft of new users across Germany and the Netherlands.”