Consulting firm ProCom GmbH has expanded its IT solution "ITA” with a module – the "Auto Trading” tool – that relieves energy brokers of routine work and gives them a greater capacity for strategic and conceptual tasks. ITA supports portfolio management and monitoring, provides an overview of current exchange movements and price trends, and enables trades directly at the EPEX Spot Intraday. The optional Auto Trading module can automatically place bids at the exchange. The module offers a variety of time horizons, so that the quantities designated by the price strategy can be automatically placed on the market. Automatic bid placement when brokers are absent offers additional opportunities, particularly to traders who do not have a desk that operates 24/7.
ProCom presents the prospect of another helpful feature: "Algo Trading.” With this module, algorithms based on current portfolio data, along with market and exchange information, automatically decide what quantities can be traded, and when. This is particularly useful when trading with small quantities that do not justify a large expenditure of personnel time and effort on intraday trading. Algo Trading requires an individual portfolio model, with all its restrictions and areas of flexibility. An initial pilot application is currently being implemented.
About ProCom GmbH
ProCom offers consulting services for energy production and trading. ProCom studies make chances and risks transparent. With process and IT knowledge ProCom accompanies the implementation of strategies all the way through to daily operations. Asset portfolios are managed optimally with IT solutions, data services and market information from ProCom.
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Luisenstrasse 41
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Fax +49 (0)241 51804-30
Anke.Dieterich@procom.de
www.procom.de
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