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15 September 2020

First trades on the Route4Gas App

Last week ČEZ, a.s., Prague, and MET International AG, Zug, confirmed that they concluded the first-ever matching trade through the Route4Gas App.

Launching a new product into the gas market is always exciting and the current high level of volatility was a true test of our system which proved robust and issue-free, allowing the first matching between our users.

“The gas market has experienced a period of extraordinary spot price volatility,” Georg Giokas, Market Expert at Route4Gas explained. “However already our customers see the value of using our app to match their interests.”

Market volatility notwithstanding, Route4Gas attracted excellent attention from the market.