Interface tool for the exchange of prices, historical market data and deals in energy trading
Project duration: 2 years, 6 months
Brief description
Conception and realization of an interface manager. The application is used to offer services in energy trading. A trading company uses web services to transmit historical market data and current prices to a counterparty. On the basis of this data, the counterparty can report deals via a web service which are executed by the trading company on the market.
Supplement
REST based webservices are used to provide market data and a current price shape. Similarily, a REST based webservice is used to accept deals from the counterparty. Both of this allows to easily integrate new partners. The internal interface to the ETRM system allows to handle incoming deals according to the deal lifecycle.
Subject description
While the application provides a pure technical interface, it allows companies to participate in the energy trading market without a need to obtain a license for trading at an exchange. For the other partner this tool allows to offer its exchange access as a new service to counterparts.