GFI in North American online OTC electricity push

Traders will be able to hedge electricity prices using electricity swaps and options, including base, peak and off-peak terms from day-ahead through the forward curve to calendar years via the new system.

GFI said the online service provides secure interactive trading on price or volume, trading strategy management, online reporting for both front and back offices, and customisable screen layouts.

The broker has already combined voice and electronic brokerage trading in Europe - becoming the