TGE with Nasdaq powered trading system

Power exchange Towarowa Giełda Energii (TGE) has launched a new trading platform provided by Nasdaq. “The latest technology will allow us to face European regulatory challenges and offer the necessary flexibility in shaping our offering while providing the users with enhanced portfolio management options for trading instruments,” exchange CEO Paweł Ostrowski said. According to TGE, the new technology is able to service 100,000 transactions per second with 40 milliseconds delay, and it will allow the exchange to offer new commodity and derivative instruments in future to attract new market players.