Nonagon

Multi Market Trading

One platform that connects all your optimization, data and every short-term power market trading apps.

How the platform is structured

Multi-Market Trader is one system of record with open APIs for every capability. MMT does not replace any given application for a given domain, but it connects to all your applications, whether they are Volue products, external ones or in-house developed tools.

THE VOLUE APPROACH

Where Multi-Market Trading Desks Lose Value Today

A typical multi-market setup means several separate applications, each with its own APIs, portfolio configuration and manual reconciliation, with every change coordinated by hand, or oversimplified in ways that leave significant money on the table.

Customers must integrate and monitor multiple internal and external applications, each with its own APIs, data formats, redundant configuration and operational requirements, just to participate across markets. The complexity is so large that it even prevents certain participants from operating across multiple market types.

From production plan change to executed trade

Multi-Market Trading is made up of purpose-built services that work together.

Portfolio Management Service

Hierarchical portfolio structures defined once and propagated to all connected trading applications. Portfolios carry trading scopes, delivery areas, market accounts, risk settings and allocation rules.

Position Management Across Markets

Real-time position updates that reflect executed trades within seconds, aggregated at portfolio, sub-portfolio and individual asset level.

Trading Orchestrator

An event-driven framework that responds to production plan updates, market signals or forecast changes by evaluating allocation rules and dispatching instructions to the right execution application.

Market Allocation Rules Engine

No-code allocation logic, defined per portfolio, that distributes trading volumes across intraday, auction and ancillary markets based on market conditions, risk settings and asset characteristics.

Unified Positions & Trades Dashboard

One view of P&L and exposure across every traded product and market, with drill-down to individual trade detail.

Unified Energy Data Model

One shared model for assets, portfolios and time series underneath every MMT service.

Unified API Gateway

Unified API Gateway

A single entry and exit point for all integrations over documented REST and gRPC APIs, with consistent authentication, rate limiting and monitoring — including third-party systems and AI agents.

Portfolio Management Service

Hierarchical portfolio structures defined once and propagated to all connected trading applications. Portfolios carry trading scopes, delivery areas, market accounts, risk settings and allocation rules.

PLATFORM

Orchestrate the Volue Products You Already Trust

Multi-Market Trader doesn't replace these applications – it coordinates them. Existing customers keep using the tools they know, now working together instead of apart. Explore the products behind each stage

Intraday AlgoTrader

Intraday continuous market execution.

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AuctionTrader

Day-ahead and intraday auction participation.

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AncillaryTrader

Ancillary market participation (FCR, aFRR, mFRR).

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SmartPower

Production planning and multi-asset optimization.

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Trading Suite

Multi-market trading focused on RES/BESS portfolios.

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Scheduler

Schedule generation, nominations and market communication.

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Your ETRM / internal apps

Connect any other application or AI agent in your ecosystem through the Agentic Gateway.

One integration points per customer: Energy Gateway

Portfolio configuration and schedule change to IDC order

Live Positions and P&L reconciliation

IS THIS FOR YOU?

See Multi-Market Trading in action

Talk to our team about connecting your trading stack across every short-term power market.

Multi-Market Trading fits operations where these patterns already exist and include...

  • Trading spread across two or more European short-term power markets (day-ahead, intraday, ancillary) that need to be coordinated together

  • Renewable or flexible assets (wind, solar, batteries, hydro) that generate schedule changes rippling across multiple systems

  • One or more Volue trading applications already in the stack

  • A need to consolidate without a rip-and-replace migration

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