Trading Technologies Enhances European Power Trading with TokWise Partnership

Trading Technologies Partners with TokWise

In a significant move to enhance intraday spot power trading in Europe, Trading Technologies International, Inc. (TT) has joined forces with TokWise, a company renowned for smart trading optimization within the energy sector. As of November 1, their integrated solution has transformed the trading capabilities for users of TokWise’s portfolio management system by utilizing TT’s high-speed order routing technology.

The Importance of Speed in Trading

With the increasing complexity of the European energy markets, speed is a crucial factor for traders dealing with intraday power trades. TokWise has developed its GuardianTrade product, an AI-driven trading agent that optimizes trading strategies across various asset classes. This innovative solution focuses on day-ahead, intraday, and balancing markets. By routing all trade executions through the TT platform, TokWise ensures that its customers gain access to high-performance infrastructure, extensive market reach, and the low-latency capabilities that Trading Technologies is known for.

Krasimir Kolev, Managing Partner of TokWise, emphasized the importance of speed in their operations, stating, “For any system dealing with intraday spot power, speed is everything.” He noted that partnering with Trading Technologies was essential for delivering a top-notch product that meets the needs of both large energy firms and new entrants in the market.

The Integration and Its Benefits

Through this collaboration, TokWise can focus on its strengths—AI-powered power trading optimization and strategic portfolio management—while relying on TT’s execution technology. This partnership empowers TokWise to extend its offerings to major European power exchanges such as EPEX and Nord Pool, enhancing its competitive edge.

Alun Green, EVP and Managing Director at Trading Technologies, remarked, “The European energy markets are evolving quickly, and modern participants require highly specialized tools that don’t compromise on execution quality.” He expressed pride in providing a high-speed execution engine that supports TokWise's innovative portfolio management solution.

TT’s Expansive Capabilities

Trading Technologies is known for handling over 2.8 billion transactions as of 2024, delivering a robust suite of advanced tools tailored for trade execution, order management, risk management, and infrastructure services. Their platform offers direct and rapid access to more than 100 markets and liquidity venues across a wide array of asset classes, making it the preferred technology solution for institutional and proprietary traders worldwide.

About Trading Technologies

Trading Technologies operates as a global capital markets platform services company that offers market-leading technology designed for the complete trading operations of various financial institutions, including banks, brokerages, and hedge funds. Their Software-as-a-Service (SaaS) model provides integrated solutions covering diverse asset classes and functions tailored for traders’ needs.

About TokWise

TokWise is an AI-centric SaaS platform that aids energy producers and traders in optimizing their short-term trading and portfolio management in the rapidly changing European power markets. By offering an integrated environment for trading and compliance across multiple market segments, TokWise empowers users to make informed, data-driven decisions for enhanced profitability and lowered operational complexity.

This strategic partnership between Trading Technologies and TokWise is set to redefine the landscape of power trading in Europe, potentially impacting how market participants interact with energy exchanges and manage their trading operations for years to come.