A week after rival QuickTrade launched its new electronic powertrading system, Altra Energy Technologies followed suit withStreamlineT for Power, a real-time trading system for wholesaleelectricity. The two systems arrived on the market during atumultuous period, in which skyrocketing power prices forcedseveral marketers to default and many others to suffer bigfinancial losses. Altra said its system should provide users acertain amount of protection in the unpredictable and oftenvolatile power market.
Rival
Articles from Rival
Altra, Quicktrade Unveil Power Market Systems
Altra Energy Technologies and Quicktrade, operators of rivalelectronic trading systems for natural gas, both announced Mondaythe launch of electronic trading systems for the power market.
April 28, 1998