#London #United Kingdom #Fastmarkets #Lithium Market #TMX Trayport

Fastmarkets Teams Up with TMX Trayport for Lithium Market Advancement

In a significant development for the lithium trading sector, Fastmarkets has announced its collaboration with TMX Trayport, a well-known global provider of trading networks and solutions. This partnership aims to strengthen Fastmarkets Connect, the digital platform dedicated to the physical lithium market.

The newly named Fastmarkets Connect was previously unveiled at the Global Lithium, Battery and Critical Materials conference held in Las Vegas. By joining forces with TMX Trayport, the initiative seeks to leverage Fastmarkets' extensive expertise in the lithium market along with TMX Trayport's established technological framework. As a result, this collaboration will pave the way for trusted digital infrastructure focused on enhancing transparency and optimizing access to spot liquidity.

Fastmarkets Connect endeavors to elevate the current state of electronic price discovery and deal initiation procedures within the lithium sector, arguably less developed compared to other older commodity markets. The aim is to support bilateral deal initiation while improving market clarity, uniformity, and connectivity among participants in the lithium supply chain.

Under this strategic collaboration, TMX Trayport will oversee the technological platform while Fastmarkets will manage the operations of Fastmarkets Connect. The ongoing development of this platform will involve consultations with an advisory group composed of market participants across the lithium value chain. Raju Daswani, CEO of Fastmarkets, emphasized the selection of TMX Trayport, citing its demonstrated ability to support complex commodity markets with reliable and scalable technology. He stated, "Their experience in market connectivity combined with Fastmarkets' lithium expertise provides a strong foundation for a more efficient and interconnected physical lithium market."

Matt Brief, president of TMX Trayport, expressed enthusiasm for integrating their proven digital market technology into the relatively nascent lithium sector, stating, "We look forward to collaborating with Fastmarkets to design and deliver foundational infrastructure to the rapidly evolving lithium market, helping it become more connected, transparent, and efficient."

Fastmarkets' pricing benchmarks adhere to IOSCO compliance and serve as critical references for physical lithium contracts while also functioning as settlement references for futures listed on major exchanges such as the CME and London Metal Exchange. The Fastmarkets Connect platform complements these pricing mechanisms by providing a digital space for price discovery and deal initiation, built with input from a diverse advisory group of industry participants.

About Fastmarkets

Founded in 1913 and with a lineage tracing back to 1865, Fastmarkets has grown to become an industry leader in providing pricing, analytics, forecasts, and insights for various markets. It employs over 700 professionals worldwide, with offices in Europe, the Americas, and Asia. Backed by the European private equity firm Astorg, Fastmarkets continues to influence the nuances of trading and risk management in complex global markets.

About TMX Trayport

TMX Trayport specializes in software solutions for the commodities trading sector. Headquartered in London, the company is renowned for developing electronic platforms utilized by traders, brokers, and exchanges. In 2025 alone, Trayport facilitated over 620 million trades across Europe, reflecting its robust network that supports significant trading activities. Their core product, Joule, consolidates real-time price data for various commodities, ensuring a transparent trading environment across energy markets in Europe, North America, and Asia.

For additional information, you can visit their respective websites.