THE CONTROL ROOM | A PODCAST FROM VOLUE

A Software Tool Alone Doesn't Make a Trading Desk

Helmut Spindler, co-founder of Powerbot, on building Europe's largest intraday trading platform, and why talent still beats tooling.

Episode summary

Powerbot started as a side project inside an energy consultancy in 2017. By 2020 it had become unit, talks through that journey: the shift from energy market experts to a software company, what changed after Powerbot joined Volue, and why he separates execution algorithms from the signals that generate alpha. 

He also shares what the Powerbot and Algo Trader teams built together after combining their quant trading capabilities: a new position-closing algorithm that outperforms both platforms' previous versions, live now on Powerbot.  

a company. Today it runs the largest intraday algorithmic trading installation base in Europe, built for quant traders who want full programmatic control over their strategies. 

In this episode, Helmut, co-founder of Powerbot and now head of Volue's commercial operations business.

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What you'll hear

  • How Powerbot went from a consulting side project to a standalone company, 2017 to 2020
  • Why Helmut separates execution algorithms from trading signals, and where each creates value
  • The new position-closing algorithm born from combining Powerbot's and Algo Trader's quant teams
  • Volue's "Holy Trinity": data, trading, and optimisation, and why trading-led optimisation wins
  • Smart Pools: 1.4 GW of batteries under trading across Europe, and the connectivity gap still open in ancillary markets 

About Helmut Spindler

Helmut Spindler, Co-founder, Powerbot | General Manager Trading & Optimization, Volue

Helmut co-founded Powerbot, an algorithmic intraday trading platform for European power markets, after building an early version of it as a side project inside an energy consultancy in 2017. 

By 2020, Powerbot had grown from a proof of concept into a standalone company. Under his leadership it became the largest intraday trading installation base in Europe by number of customers. 

Powerbot joined Volue and Helmut now leads Volue's commercial operations business unit, spanning trading software and optimization, and is building the group's multi-market trading orchestration platform. 

He describes himself as an energy market specialist first: someone who built tools for his own peers before turning them into a product. 

Follow Helmut on LinkedIn

Explore the product

PowerBot - Profit From Every Market Move

Unlock new profit potential and operational confidence with Volue Intraday Algo Trading (PowerBot), the automated trading solution built for your success in volatile power markets.

Energy Trading Software