Markets that Work.

For Everyone.

Every commodity was an illiquid product at its beginning. A product that was shaped into a commodity through the application of market forces and the formation of tools, services and people collectively aligned to streamline its trade.

Commoditization brings liquidity. Liquidity lowers risks, improves risk management, attracts new investment and increases the value of underlying assets. Liquidity brings growth.

Transforming a product into a commodity requires committed market participants and a neutral, independent provider of tools and services.

This is what we do.

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Our Tools

  • Market Design and Advisory

    Very few people think about why the products they produce or consume trade the way they do. Our job is to thoroughly understand how they trade today and provide the solutions to streamlining trade and unlocking growth. We design custom markets, tools and infrastructure for the most complex and/or illiquid commodities and provide the roadmap to achieving efficiency.

  • Market Operations

    Markets should be fair and efficient for everyone. We provide neutral, independent and reliable operations for markets including trading venue, market data collection/distribution and for all of the various components of market infrastructure that support trading. We understand how to operate markets, but more importantly we understand why markets need market operators.

  • Technology Development

    A market is as efficient as the technology that supports it. For complex or illiquid products, the tools and infrastructure required for growth are typically not available, or not scalable to the needs of the current market. We solve that problem through the development of transaction technology specifically tailored to stage of evolution each market is in. We utilize technology to lay the roadmap for market growth and, ultimately, liquidity.

Our Background

We are a team of market and technology experts who have been in the trenches since the North American energy markets began evolving. We have deep experience throughout the transaction chain from contracts through origination, trading, risk management, compliance, delivery and settlement.

Our team shares a common belief that by harnessing the power of fair, efficient and competitive markets and innovative market design that we can overcome the inertia in markets that impedes growth.

We develop technology tools to support the entire transaction chain and bring this to life. This includes both external systems for the market at large and internally to support individual market participants. Our focus is to streamline the entire transaction process and eliminate obstacles to efficient markets.

Commodities Trading and Market Operations