TradeSpark said yesterday that it has traded energy productswith a notional value of more than $16 billion since opening forbusiness last October. The electronic marketplace said it tradedmore than 1.72 billion Btu of natural gas instruments, with anotional value of more than $9 billion and 141 million MWh ofelectricity instruments with a notional value of about $6 billion.

More than 125 companies and 550 traders are registered to useTradeSpark to execute their energy trades, and in January, traderswho did not work for one of the company’s founding sponsorsaccounted for 58% of all trades. In December, the figure was 48%.

Powered by eSpeed, TradeSpark can process up to 150 transactionsper second. It was created in September 2000 by eSpeed, voicebroker Cantor Fitzgerald, and five U.S. energyproducers/distributors, Axia Energy LP, Coral Energy, Dominion, TXUEnergy Trading and Williams Energy Marketing and Trading Co. Dynegyis exp4ected to become a partner this year.

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