EuroLight® is the trading platform which is used by all APX spot markets, except the Cross Border Intraday Markets. The system has proven to be robust and flexible, and is used for trading, settlement and notification.
The APX Group compatibility with Trayport’s GlobalVision Trading Gateway platform enables members to view full market depth, ensuring greater visibility and accessibility of APX spot market prices.
APX has developed an interface that allows members to use Trayport GlobalVision 8.8.5 as an alternate means of accessing APX spot markets. The interface has been developed to support the core functionality of both platforms.
The interface to EuroLight® provides GlobalVision users with real time information on the spot markets the users are permitted to see. The data when displayed within GlobalVision preserves the anonymity of APX Group’s spot markets, it is therefore impossible to recognise the owner of an order unless they are a colleague within the same organisation.
Elbas Intraday Trading System
The Dutch and Belgian intraday markets operated by APX and Belpex have been coupled, using the Elbas technology, which has a proven track record in the Nordic market over many years. The solution will be linked to the existing back office settlement, clearing and nomination systems operated by the different exchanges.
The DataCapture system is an environment that provides members the ability to quickly and easily capture a range of information. The data available for capture is:
- Orders in the market
- Members own trades by contract time
- Members own trades by delivery period
- All trades
The DataCapture process
Order and Trade information can be captured from the APX web server. Access is available either via the Internet or a leased line connection to APX. This environment is connected to the central database used by the trading application, thus delivering real-time information. To retrieve the data a request has to be made to a component situated at an APX web server. This request can be made by a custom-made member application or by using a standard web browser.
Back office website
In the Back Office website you can view your invoices and query the APX spot trading database for your historical order, contract, invoice and settlement information. The Back Office website is intended for analysts, back office employees and financial officers. The Back Office website supports the main EuroLight® trading system. To improve performance, data in the EuroLight® application itself is limited to three days.