Trading Technologies International, Inc. (TT), a global capital markets technology trading system provider, announced it will enter into an agreement with Enmacc GmbH, a leading European over-the-counter (OTC) energy trading market venue, to integrate Enmacc’s market-leading bilateral OTC trading system with the TT® trading system, providing a unified execution experience for mutual energy trading clients across exchange-traded and OTC markets.
The collaboration brings together two highly complementary and leading technology solutions in the European energy and power markets. TT will provide global access to listed derivatives and exchange-traded energy markets, including the main European energy spot trading venues. Enmacc will bring its extensive network of customers and RFQ workflow for the trading of bilateral OTC and exchange cleared contracts. The firms will leverage the collaboration to eliminate fragmented workflows to provide customers with a best-in-class experience across exchange-traded and OTC bilateral workflows.
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The integration links Enmacc’s alpha, the first agentic trading offering, and TT’s market execution suite, allowing market participants to distribute liquidity to counterparties instantly, execute on listed markets and manage bilateral credit risk with precision.
Alun Green, EVP and Managing Director, Futures and Options at TT, said: “Enmacc has built an incredible footprint across the European energy landscape, particularly among municipalities and commercial firms that require a modern, agile approach to bilateral trading. There is a natural synergy between our technology. By integrating Enmacc’s smart credit engine and OTC capabilities with TT’s global distribution network, we are providing our shared customers with a powerful, comprehensive toolset that simplifies the path from price discovery to execution.”
Jens Hartmann, CEO of Enmacc, said: “Our vision is to redefine OTC markets by providing flexibility, intelligence and front-to-end digital trading workflows. By partnering with Trading Technologies, we are giving our clients direct access to the services of a global execution powerhouse. The combination of our bilateral marketplace with TT’s institutional-grade exchange connectivity and execution tools creates a formidable alternative to legacy platforms.”
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