Volue, a leader in technologies and services that enable its customers to succeed in the energy transition, has completed the integration of PowerBot’s algotrading software into its product portfolio.
Volue announced the acquisition of Vienna-based PowerBot’s scalable and open platform in December 2024. Volue and PowerBot, the latter now operating under the Volue umbrella, each offer industry-leading products that cater to distinct customer needs.
Creating an unrivalled proposition
Volue Algo Trader Power provides the sector with an enterprise-grade algotrader. Its sophisticated user interface is tailored for desk traders, offering unbeatable standard algorithm performance. Volue’s customers use the software to reduce trading costs and maximise profitability by outperforming intraday benchmarks, as well as monetising profitable opportunities in intraday flex trading.
PowerBot is a scalable execution platform with distinct configurations for different user needs: PowerBot API and PowerBot Easy. The former provides a technological infrastructure for the quantitative trading desk that customers can build on using APIs, and allows customers to implement and deploy algorithms. PowerBot Easy is a preconfigured solution that provides a simple-to-use out-of-the-box algorithmic trading solution.
Working with customers to meet requirements
Algo Trader Power and PowerBot will remain as separate products, ensuring continuity, while catering to different customer segments. Volue’s commercial team will work with existing and new customers to advise which solution suits their requirements.
Roland Peetz, SVP of Volue Energy Software, said: “The integration of PowerBot into Volue’s portfolio marks a significant step in our commitment to providing cutting-edge algorithmic trading solutions for the energy sector.
“With Algo Trader Power and PowerBot, we equip our customers with the tools they need to lower trading costs, boost profitability, and exceed intraday benchmarks. By keeping these solutions distinct, we ensure tailored support for diverse market needs, helping our users across Europe navigate the energy transition with confidence and success.”