Time to consider electronic trading for oil markets

Wake up - time to upgrade

Of all of the over-the-counter energy markets in Europe, oil is the largest and the oldest. Methods for conducting OTC physical and derivatives deals are well established and attempts in the past to bring the voice-brokered activities on to electronic platforms have fallen flat.

However, brokers and software providers believe that the financial crisis two years ago and the renewed appeal of clearing services are altering attitudes. Thus something of a battle is developing between companies tryin