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CMS WebView Launches EnMO Real-time Market Data Service

Date 03/10/2001

Under a recently signed agreement, CMS WebView plc (CMS) will act as the exclusive distributor of EnMO's real-time market data to the international quote vendor community. EnMO, a UK based energy exchange offering products for spot and natural gas futures trading operates the EnEx, a web based platform for real time 24/7 trading. EnMO is a joint venture between National Grid and Altra Energy Technologies.

The service, which goes live today, will be distributed via CMS's composite vendor feed and utilises the company's long-standing experience in the provision of data management. The feed will incorporate price and market summary data from EnMO's On-the-day Commodity Market (OCM) as well as that from the Exchange's new 7 day gas physical futures products for UK gas trading.

Bob Antell, Chief Executive of CMS WebView plc said: CMS is committed to being at the forefront of market innovations. The company is therefore delighted to be working closely with an operation such as EnMO to ensure the transparency and continued success of its contracts."

Les Male, EnMO Head of Market Operations commented: "Provision of real-time price data to the international trading community is one of EnMO's key business objectives. We are confident that the service provided by CMS will be instrumental in its achievement."